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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 Mullin at 174 County Road 189, Mullin, TX, 76864 listed at $224,900 pairs $1,514/mo rent with a $1,101/mo payment. Total monthly income runs $1,514/mo. Return on cash invested measures 18.53% in year one, and rental yield registers 8.08% at a $224,900 basis. Equity gained on principal adds $1,451/yr, and annual property appreciation at 5% supports $62,136 by year five. Five-year ROI tracks 96.7% and total cumulative return in cash totals $72,097. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,514/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1950
4.00 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76864, Mullin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 577 (100%) |
| Owner Occupied HU | 355 (61.5%) |
| Renter Occupied HU | 52 ( 9.0%) |
| Vacant Housing Units | 170 (29.5%) |
| Median Home Value | $350,000 |
| Average Home Value | $493,275 |
Residential
332
Single Family
332
Multi-Family
0
Businesses
16
Date | Event | Price |
|---|---|---|
| 2024-12-10 | Listed for sale | $224,900 |
| 2024-12-02 | Contingent | $224,900 |
| 2024-11-24 | Price change | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $137,680 | 24.15% |
| 2023-02-13 | $1490.60 | -3.43% | $110,900 | 6.73% |
| 2022-02-13 | $1543.58 | N/A | $103,910 | 9.30% |
Listed by: Janette Padgett • Janette Padgett Real Estate
Mls Name: NTREIS
Mls ID: #20754338
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.
