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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 New Ulm at 1598 Tiemann Rd, New Ulm, TX, 78950 with 5% annual appreciation on a $1,749,900 basis while $1,466/mo rent supports operations. 87% in year one. Equity gained on principal adds $11,292/yr, and five-year appreciation sums $483,465 alongside rental yield of 1.01%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,466/mo property income versus a $8,565/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
25.23 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78950, New Ulm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,469 (100%) |
| Owner Occupied HU | 885 (60.2%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 477 (32.5%) |
| Median Home Value | $413,356 |
| Average Home Value | $574,579 |
Residential
1,171
Single Family
1,171
Multi-Family
0
Businesses
55
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $1,749,900 |
| 2024-03-21 | Listing removed | N/A |
| 2024-02-14 | Pending sale | $258,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3991.70 | 18.86% | $254,216 | 20.11% |
| 2023-12-27 | $3358.24 | -3.69% | $211,652 | 9.09% |
| 2022-12-27 | $3487.04 | 0.04% | $194,013 | 0.72% |
Listed by: Cari Goeke • Southern District Sotheby's International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #16415437
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