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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 Hockley at 16515 Texas Palmetto Way, Hockley, TX, 77447 listed at $330,000 pairs $2,400/mo rent with a $1,615/mo payment. Total monthly income runs $2,400/mo. Return on cash invested measures 19.4% in year one, and rental yield registers 8.73% at a $330,000 basis. Equity gained on principal adds $2,129/yr, and annual property appreciation at 5% supports $91,173 by year five. Five-year ROI tracks 101.73% and total cumulative return in cash totals $111,287. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,400/mo property income relative to a $1,615/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood data shown for ZIP Code: 77447, Hockley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,326 (100%) |
| Owner Occupied HU | 10,304 (83.6%) |
| Renter Occupied HU | 1,216 ( 9.9%) |
| Vacant Housing Units | 806 ( 6.5%) |
| Median Home Value | $337,739 |
| Average Home Value | $430,368 |
Residential
10,781
Single Family
10,781
Multi-Family
0
Businesses
309
Date | Event | Price |
|---|---|---|
| 2025-02-02 | Listed for sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Jared Turner • Lennar Homes Village Builders, LLC
Mls Name: HAR
Mls Provider:
Mls ID: #70210568
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