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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% |
Rental property for sale in Mullin at 191 county road 197, Mullin, TX, 76864 generates $1,151/mo in rent, after a $1,224/mo payment. Total monthly income is $1,151/mo. Return on cash invested sits at 10.83% in year one, and rental yield is 5.52% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 55.35% and total cumulative return in cash sums $45,874. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,151/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
28.25 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 |
|---|---|---|
| 2025-06-05 | Listed for sale | $250,000 |
| 2024-03-13 | Sold | N/A |
| 2024-03-06 | Pending sale | $245,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-05 | $1461.54 | 7.89% | $108,940 | 8.09% |
| 2023-06-05 | $1354.71 | 577.76% | $100,790 | 572.83% |
| 2022-06-05 | $199.88 | N/A | $14,980 | 21.69% |
Listed by: Natalie Land • BRAVA Realty
Mls Name: SABOR
Mls Provider:
Mls ID: #1872924
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.
