148 E Boundary St, Giddings, TX, 78942 | $160/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

148 E Boundary St, Giddings, TX, 78942 | $160/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
790 sft

105 San Jacinto St, Smithville, TX, 78957

1 Bed
1 Bath
704 sft

299 Porter Rd, Bastrop, TX, 78602

1 Bed
3 Bath
5430 sft

178 Pine Tree Loop, Bastrop, TX, 78602

1 Bed
1 Bath
800 sft

459 McAllister Rd, Bastrop, TX, 78602

Nearby investment properties with comparable prices

3 Bed
2 Bath
1056 sft

502 Ross St, Smithville, TX, 78957

2 Bed
1 Bath
520 sft

304 Harris St, Smithville, TX, 78957

1 Bed
1 Bath
790 sft

105 San Jacinto St, Smithville, TX, 78957

Currently Rented+ 2 more

1 Bed
1 Bath
640 sft

142 Forest Ln, Bastrop, TX, 78602

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Giddings at 148 E Boundary St, Giddings, TX, 78942 uses $62,819 cash to close to unlock $1,919/yr annual cash flow and $160/mo monthly cash flow. Total monthly income runs $1,508/mo, and a $928/mo payment keeps the spread at $160/mo. Purchase price stands at $189,500, and rental yield measures 9.55% with $1,508/mo rent. Return on cash invested shows 22.96% in year one, and 5% annual appreciation builds toward $52,355 over five years. Five-year ROI reaches 120.42% and total cumulative return in cash records $75,647. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,508/mo property income covering a $928/mo payment rather than investor’s personal income.

Single Family

Built in 1965

8,624 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in Giddings, TX, this 3-bedroom, 2-bath home is ideal for those seeking a minimal fixer-upper project. Inside, you'll find a recently updated living room featuring a cozy wood-burning Earth Stove. Recent improvements include new front windows, fresh paint, and updated flooring in two bedrooms. The kitchen is a blank canvas, ready for your creative vision and customization. The location offers enhanced privacy, with a road that ends in a cul-de-sac. The generous corner lot, adorned with large trees, is fully fenced. There is an attached carport, along with a side yard and backyard, offering room for a garden or a play area for your children. Ideal for anyone looking for a small project with promising potential, this home is an opportunity you won't want to miss!

Neighborhood Data

Neighborhood data shown for ZIP Code: 78942, Giddings, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,135 (100%)
Owner Occupied HU	2,609 (63.1%)
Renter Occupied HU	960 (23.2%)
Vacant Housing Units	566 (13.7%)
Median Home Value	$264,817
Average Home Value	$315,636