




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 Hico at 244 Private Road 2483, Hico, TX, 76457 listed at $465,000 pairs $3,433/mo rent with a $2,276/mo payment to leave $86/mo cash flow. Total monthly income runs $3,433/mo, and annual cash flow reaches $1,035/yr on $154,148 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 8.86% at a $465,000 basis. Equity gained on principal adds $3,001/yr, and annual property appreciation at 5% supports $128,471 by year five. Five-year ROI tracks 107.78% and total cumulative return in cash totals $166,139. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,433/mo property income relative to a $2,276/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1999
4.26 Acres lot
$N/A/sqft
$40 monthly HOA
Neighborhood data shown for ZIP Code: 76457, Hico, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,189 (100%) |
| Owner Occupied HU | 1,299 (59.3%) |
| Renter Occupied HU | 406 (18.5%) |
| Vacant Housing Units | 484 (22.1%) |
| Median Home Value | $260,659 |
| Average Home Value | $374,378 |
Residential
1,597
Single Family
1,597
Multi-Family
0
Businesses
162
Date | Event | Price |
|---|---|---|
| 2025-05-01 | Listed for sale | $465,000 |
| 2024-09-30 | Listing removed | $479,500 |
| 2024-07-21 | Price change | $479,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-01 | $5938.56 | 1.48% | $457,503 | 0.71% |
| 2022-05-01 | $5851.83 | 7.61% | $454,260 | 5.24% |
| 2021-05-01 | $5437.90 | 0.81% | $431,631 | 35.52% |



Listed by: Melanie Williams • Turnkey Realty LLC
Mls Name: NTREIS
Mls ID: #20922728
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.