Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 La Grange at 137 E La Fayette St, La Grange, TX, 78945 uses $89,505 cash to close to unlock $11,670/yr annual cash flow and $973/mo monthly cash flow. Total monthly income runs $2,893/mo, and a $1,322/mo payment keeps the spread at $973/mo. Purchase price stands at $270,000, and rental yield measures 12.86% with $2,893/mo rent. Return on cash invested shows 32.95% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 174% and total cumulative return in cash records $155,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,893/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1940
7,988 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-03-27 | Listed for sale | $270,000 |
| 2024-02-15 | Listing removed | N/A |
| 2023-11-05 | Listed for sale | $270,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2668.21 | 21.51% | $187,620 | 42.45% |
| 2022-08-14 | $2195.89 | 208.99% | $131,710 | 239.20% |
| 2021-08-14 | $710.66 | N/A | $38,830 | 4.07% |
Listed by: Jerri Ann Taylor • Diggs Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #77900563
Disclaimer: Copyright 2024, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
