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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% |
Rental property for sale in La Grange at 1511 Piney Creek Rd, La Grange, TX, 78945 generates $4,386/mo in rent, after a $3,402/mo payment. Total monthly income is $4,386/mo. Return on cash invested sits at 17.14% in year one, and rental yield is 7.57% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 89.18% and total cumulative return in cash sums $203,922. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,386/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
28.90 Acres 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 |
|---|---|---|
| 2024-08-14 | Price change | $695,000 |
| 2024-07-09 | Price change | $775,000 |
| 2024-05-13 | Price change | $850,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2744.94 | -3.72% | $707,910 | 38.92% |
| 2022-08-14 | $2851.00 | -0.41% | $509,580 | 21.27% |
| 2021-08-14 | $2862.67 | N/A | $420,210 | 0.90% |
Listed by: Linda Plant • Martha Turner Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #15994609
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