129 Tejas TrlGrapelandTX75844
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Grapeland at 129 Tejas Trl, Grapeland, TX, 75844 offers $3,922/mo rent that, after a $4,111/mo payment. Total monthly income is $3,922/mo. Return on cash invested measures 11.11% in year one, and rental yield stands at 5.6% at a $840,000 entry. Equity gained on principal adds $5,420/yr while 5% annual appreciation compounds into $232,077 by year five. Five-year ROI records 56.87% and total cumulative return in cash reaches $157,178. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,922/mo property income versus a $4,111/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
N/A lot
$N/A/sqft
$110 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75844, Grapeland, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,063 (100%) |
| Owner Occupied HU | 1,759 (57.4%) |
| Renter Occupied HU | 443 (14.5%) |
| Vacant Housing Units | 861 (28.1%) |
| Median Home Value | $173,905 |
| Average Home Value | $225,313 |
Housing Distribution
Address Breakdown
Residential
2,224
Single Family
2,191
Multi-Family
33
Businesses
134
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Listed by: Nancy Lawrence • Lawrence Realty
Mls Name: GTARMLS
Mls Provider:
Mls ID: #24009337
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed to be reliable but not guaranteed.