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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 Cranfills Gap at 201 N 1st St, Cranfills Gap, TX, 76637 listed at $239,000 pairs $2,000/mo rent with a $1,170/mo payment to leave $300/mo cash flow. Total monthly income runs $2,000/mo, and annual cash flow reaches $3,603/yr on $79,229 cash to close. Return on cash invested measures 24.46% in year one, and rental yield registers 10.04% at a $239,000 basis. Equity gained on principal adds $1,542/yr, and annual property appreciation at 5% supports $66,031 by year five. Five-year ROI tracks 128.47% and total cumulative return in cash totals $101,784. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,000/mo property income relative to a $1,170/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1935
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76637, Cranfills Gap, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 267 (100%) |
| Owner Occupied HU | 165 (61.8%) |
| Renter Occupied HU | 32 (12.0%) |
| Vacant Housing Units | 70 (26.2%) |
| Median Home Value | $307,143 |
| Average Home Value | $393,258 |
Residential
179
Single Family
179
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2025-02-06 | Price change | $239,000 |
| 2025-01-18 | Price change | $258,000 |
| 2024-12-09 | Price change | $268,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-13 | $3611.66 | -4.23% | $204,766 | 0.96% |
| 2022-02-13 | $3771.12 | 49.48% | $202,814 | 49.48% |
| 2021-02-13 | $2522.75 | 35.41% | $135,676 | -7.00% |
Listed by: Debra McKamie • McKamie Real Estate Services
Mls Name: WMLS
Mls Provider:
Mls ID: #226561
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:53:25 PST
