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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 Aransas Pass at 215 S 11th St, Aransas Pass, TX, 78336 uses $65,969 cash to close to unlock $2,045/yr annual cash flow and $170/mo monthly cash flow. Total monthly income runs $1,588/mo, and a $974/mo payment keeps the spread at $170/mo. Purchase price stands at $199,000, and rental yield measures 9.58% with $1,588/mo rent. Return on cash invested shows 23.01% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 120.74% and total cumulative return in cash records $79,650. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,588/mo property income covering a $974/mo payment rather than investor’s personal income.
Multi Family
Built in 1960
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78336, Aransas Pass, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,787 (100%) |
| Owner Occupied HU | 3,803 (56.0%) |
| Renter Occupied HU | 1,535 (22.6%) |
| Vacant Housing Units | 1,449 (21.3%) |
| Median Home Value | $235,091 |
| Average Home Value | $293,169 |
Residential
5,474
Single Family
4,605
Multi-Family
869
Businesses
382
Date | Event | Price |
|---|---|---|
| 2024-12-18 | Price change | $199,000 |
| 2024-12-13 | Price change | $205,000 |
| 2024-12-09 | Price change | $235,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $3333.71 | -5.19% | $167,545 | -1.85% |
| 2023-12-27 | $3516.07 | 5.28% | $170,702 | 17.41% |
| 2022-12-27 | $3339.69 | 0.41% | $145,389 | 2.64% |
Listed by: Edward McClintick • Joseph Walter Realty, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #451711
Disclaimer: Based on information from South Texas MLS, LLC as of 2024-02-06 10:12:13 PST. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
