








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 Damon at 20407 Deer Run Rd, Damon, TX, 77430 listed at $609,999 pairs $3,521/mo rent with a $2,986/mo payment. Total monthly income runs $3,521/mo. Return on cash invested measures 15.07% in year one, and rental yield registers 6.93% at a $609,999 basis. Equity gained on principal adds $3,936/yr, and annual property appreciation at 5% supports $168,531 by year five. Five-year ROI tracks 78.15% and total cumulative return in cash totals $156,847. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,521/mo property income relative to a $2,986/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2005
5.30 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 77430, Damon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,030 (100%) |
| Owner Occupied HU | 704 (68.3%) |
| Renter Occupied HU | 107 (10.4%) |
| Vacant Housing Units | 219 (21.3%) |
| Median Home Value | $423,077 |
| Average Home Value | $443,864 |
Residential
729
Single Family
729
Multi-Family
0
Businesses
27
Date | Event | Price |
|---|---|---|
| 2025-04-12 | Listed for sale | $609,999 |
| 2024-11-19 | Listing removed | $628,999 |
| 2024-11-07 | Price change | $628,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | $8984.90 | 10.92% | $554,673 | 10.00% |
| 2023-04-12 | $8099.99 | 10.84% | $504,248 | 5.07% |
| 2022-04-12 | $7307.92 | -15.58% | $479,920 | 5.09% |



Listed by: Bonnie Patino • Realm Real Estate Professionals - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #43123780
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