





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 Palacios at 23378 State Highway 35 S, Palacios, TX, 77465 offers a 3.57% rental yield on a $395,000 purchase with $1,174/mo rent. 93% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 23.74% and total cumulative return in cash at $31,086. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,174/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1903
8 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2025-06-17 | Listed for sale | $395,000 |
| 2025-06-08 | Listing removed | $395,000 |
| 2025-02-20 | Price change | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | N/A | N/A | $141,280 | 10.00% |
| 2023-06-17 | N/A | N/A | $128,436 | 10.00% |
| 2022-06-17 | N/A | N/A | $116,760 | 1.98% |



Listed by: James Davant • Matagorda Realty
Mls Name: HAR
Mls Provider:
Mls ID: #82230143
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