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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 Mineral Wells at 137 Hogg Mountain Rd, Mineral Wells, TX, 76067 with 5% annual appreciation on a $599,900 basis while $1,440/mo rent supports operations. 88% in year one. Equity gained on principal adds $3,871/yr, and five-year appreciation sums $165,741 alongside rental yield of 2.88%. Five-year ROI measures 12.72% and total cumulative return in cash totals $25,108. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,440/mo property income versus a $2,936/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
15 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76067, Mineral Wells, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,166 (100%) |
| Owner Occupied HU | 5,343 (58.3%) |
| Renter Occupied HU | 2,995 (32.7%) |
| Vacant Housing Units | 828 ( 9.0%) |
| Median Home Value | $176,632 |
| Average Home Value | $235,364 |
Residential
8,713
Single Family
8,220
Multi-Family
493
Businesses
676
Date | Event | Price |
|---|---|---|
| 2024-08-28 | Price change | $599,900 |
| 2024-08-21 | Price change | $609,500 |
| 2024-08-14 | Listed for sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-30 | $3703.51 | -13.94% | $334,990 | N/A |
| 2022-08-30 | $4303.43 | -5.11% | $334,990 | 43.29% |
| 2021-08-30 | $4535.13 | -18.71% | $233,780 | -6.21% |
Listed by: J J HAMPTON • J.J. HAMPTON REALTY
Mls Name: NTREIS
Mls ID: #20700749
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.
