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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 Lipan at 15301 Lipan Hwy, Lipan, TX, 76462 at $599,900 posts ROI 5.8% with from $1,920/mo rent. Total monthly income equals $1,920/mo. Return on cash invested measures 5.8% and rental yield reads 3.84% at the current $599,900. Equity gained on principal adds $3,871/yr, and 5% annual appreciation supports $165,741 by year five. Five-year ROI prints 28.37% and total cumulative return in cash totals $55,996. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,920/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2024-10-02 | Price change | $599,900 |
| 2024-09-05 | Price change | $614,900 |
| 2024-07-30 | Listed for sale | $624,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $5084.20 | 6.34% | $538,600 | -2.32% |
| 2023-12-27 | $4781.29 | -17.09% | $551,410 | 8.08% |
| 2022-12-27 | $5766.75 | -0.06% | $510,190 | 40.35% |
Listed by: Brad Harrison • CLARK REAL ESTATE GROUP
Mls Name: NTREIS
Mls ID: #20687345
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.
