








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 Von Ormy at 15122 Waterow View, Von Ormy, TX, 78073 offers a 9.74% rental yield on a $278,900 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,365/mo payment leaves $136/mo available for distribution. Annual cash flow reaches $1,632/yr on $92,455 to close, and return on cash invested stands at 21.67% in year one. Equity gained on principal adds $1,800/yr while 5% annual appreciation supports $77,055 over five years. Portfolio math shows five-year ROI at 114.18% and total cumulative return in cash at $105,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,365/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,227 sqft lot
$N/A/sqft
$432 annually HOA
Neighborhood data shown for ZIP Code: 78073, Von Ormy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,278 (100%) |
| Owner Occupied HU | 3,088 (72.2%) |
| Renter Occupied HU | 614 (14.4%) |
| Vacant Housing Units | 576 (13.5%) |
| Median Home Value | $222,500 |
| Average Home Value | $248,030 |
Residential
4,259
Single Family
3,837
Multi-Family
422
Businesses
155
Date | Event | Price |
|---|---|---|
| 2025-11-07 | Listed for sale | $278,900 |
| 2025-10-28 | Listing removed | $278,900 |
| 2025-10-24 | Listed for sale | $278,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-12-15 | N/A | N/A | $256,000 | 9.98% |
| 2024-12-15 | $5936.32 | -3.72% | $232,770 | -3.64% |
| 2023-12-15 | $6165.85 | 538.19% | $241,560 | 590.17% |



What's Special
Pull Down Stairs
Listed by: Mona Dale Hill • LGI Homes
Mls Name: LERA MLS
Mls Provider:
Mls ID: #1921529
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.