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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 Groesbeck at 2125 Lcr 390, Groesbeck, TX, 76642 offers a 4.31% rental yield on a $650,000 purchase with $2,334/mo rent. 22% in year one. Equity gained on principal adds $4,194/yr while 5% annual appreciation supports $179,583 over five years. Portfolio math shows five-year ROI at 36.01% and total cumulative return in cash at $77,006. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,334/mo property income against a $3,181/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
50.92 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 |
|---|---|---|
| 2024-03-12 | Listed for sale | $650,000 |
| 2024-02-28 | Pending sale | $650,000 |
| 2023-10-27 | Price change | $650,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-08-16 | $817.14 | 1.58% | $80,250 | 6.39% |
| 2021-08-16 | $804.46 | N/A | $75,430 | 5.19% |
| 2020-08-16 | N/A | N/A | $71,710 | N/A |
Listed by: Bobbi Conner • Home & Ranch Real Estate
Mls Name: BCSMLS
Mls Provider:
Mls ID: #23010826
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.
