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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Waco at 12311 Gholson Rd, Waco, TX, 76705 listed at $495,000 pairs $3,017/mo rent with a $2,423/mo payment. Total monthly income runs $3,017/mo. Return on cash invested measures 16.23% in year one, and rental yield registers 7.31% at a $495,000 basis. Equity gained on principal adds $3,194/yr, and annual property appreciation at 5% supports $136,759 by year five. Five-year ROI tracks 84.32% and total cumulative return in cash totals $138,358. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,017/mo property income relative to a $2,423/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
3.21 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $741.17 | -46.25% | $222,000 | 1.42% |
| 2023-04-15 | $1378.80 | -19.31% | $218,895 | 9.33% |
| 2022-04-15 | $1708.84 | N/A | $200,213 | 9.88% |
Listed by: Terrie McCartney • Erath Realty
Mls Name: NTREIS
Mls ID: #20904009
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
