217 Meadowlark Lane, Mcqueeney, TX, 78123 | 7.29% Rental Yield

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Monthly Cash Flow: 1 - 3k+

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217 Meadowlark Lane, Mcqueeney, TX, 78123 | 7.29% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Mcqueeney at 217 Meadowlark Lane, Mcqueeney, TX, 78123 offers a 7.29% rental yield on a $424,999 purchase with $2,582/mo rent. 16% in year one. Equity gained on principal adds $2,742/yr while 5% annual appreciation supports $117,419 over five years. Portfolio math shows five-year ROI at 83.94% and total cumulative return in cash at $118,264. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,582/mo property income against a $2,080/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

0.35 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover comfort, charm, and countless updates in this beautifully maintained cul-de-sac home available with an assumable VA loan at 3.25. Nestled in a quiet, one-entrance, one-exit community with friendly neighbors, this property offers privacy, space, and a welcoming layout perfect for everyday living and entertaining. Recent upgrades include fresh exterior paint, a new roof, new A/C unit, and an expanded driveway. Inside, the kitchen shines with updated paint and hardware, complimented by granite countertops and a new microwave. The master bathroom features new shower fixtures and handicap-accessible bars, adding comfort and convenience. The split floorplan includes a spacious kitchen, breakfast nook, formal dining room, two fireplaces and built-in bookcases. Step outside to your private backyard oasis-complete with a swimming pool and deck, a family-sized covered porch, and a large shed for extra storage. The home backs up to a peaceful greenbelt, offering added privacy and nature views. Plus, enjoy neighborhood access to a convenient boat ramp, perfect for weekend fun on the water. Discounted rate options and no lender fee future refinancing may be available for qualified buyers-making this home a smart and stylish investment.

Neighborhood Data

Neighborhood data shown for ZIP Code: 78123, Mc Queeney, TX area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,289 (100%)
Owner Occupied HU	790 (61.3%)
Renter Occupied HU	170 (13.2%)
Vacant Housing Units	329 (25.5%)
Median Home Value	$493,182
Average Home Value	$511,161