








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 Groesbeck at 1947 Highway 164 W, Groesbeck, TX, 76642 uses $46,079 cash to close to unlock $947/yr annual cash flow and $79/mo monthly cash flow. Total monthly income runs $1,067/mo, and a $680/mo payment keeps the spread at $79/mo. Purchase price stands at $139,000, and rental yield measures 9.21% with $1,067/mo rent. Return on cash invested shows 21.96% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 115.05% and total cumulative return in cash records $53,012. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,067/mo property income covering a $680/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76642, Groesbeck, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,137 (100%) |
| Owner Occupied HU | 1,869 (59.6%) |
| Renter Occupied HU | 597 (19.0%) |
| Vacant Housing Units | 671 (21.4%) |
| Median Home Value | $228,822 |
| Average Home Value | $332,311 |
Residential
2,698
Single Family
2,697
Multi-Family
1
Businesses
349
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Jeri Rand • Sadler Land and Realty
Mls Name: NTREIS
Mls ID: #21103149