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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 Purdon at 16209 Fm 639 E, Purdon, TX, 76679 offers a 3.09% rental yield on a $420,000 purchase with $1,080/mo rent. 47% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 15.9% and total cumulative return in cash at $22,135. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,080/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76679, Purdon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 769 (100%) |
| Owner Occupied HU | 503 (65.4%) |
| Renter Occupied HU | 147 (19.1%) |
| Vacant Housing Units | 119 (15.5%) |
| Median Home Value | $212,234 |
| Average Home Value | $286,610 |
Residential
638
Single Family
638
Multi-Family
0
Businesses
21
Date | Event | Price |
|---|---|---|
| 2025-03-04 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-04 | N/A | N/A | $392,990 | 9.52% |
| 2023-03-04 | N/A | N/A | $358,820 | 21.67% |
| 2022-03-04 | N/A | N/A | $294,910 | 1520.38% |
Listed by: Kelli Hobbs • Premier Realty
Mls Name: NTREIS
Mls ID: #20859234
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.
