








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 Italy at 206 E Park St, Italy, TX, 76651 with 5% annual appreciation on a $262,000 basis while $1,856/mo rent supports operations. 82% in year one. Equity gained on principal adds $1,691/yr, and five-year appreciation sums $72,386 alongside rental yield of 8.5%. Five-year ROI measures 103.59% and total cumulative return in cash totals $89,973. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,856/mo property income versus a $1,282/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1949
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76651, Italy, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 843 (64.8%) |
| Renter Occupied HU | 359 (27.6%) |
| Vacant Housing Units | 98 ( 7.5%) |
| Median Home Value | $294,492 |
| Average Home Value | $395,569 |
Residential
1,103
Single Family
1,103
Multi-Family
0
Businesses
78
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listed for sale | $262,000 |
| 2016-03-07 | Sold | N/A |
| 2016-01-26 | Pending sale | $105,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $2055.18 | 2.16% | $171,930 | 10.00% |
| 2023-06-17 | $2011.76 | -24.22% | $156,300 | 10.00% |
| 2022-06-17 | $2654.62 | N/A | $142,091 | 10.00% |



Listed by: Sam Jenkins • Tero Real Estate
Mls Name: NTREIS
Mls ID: #20971648
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.