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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 Three Rivers at 2761 S Highway 37, Three Rivers, TX, 78071 offers a 0.64% rental yield on a $1,690,000 purchase with $900/mo rent. Equity gained on principal adds $10,905/yr while 5% annual appreciation supports $466,916 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $8,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
163.18 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78071, Three Rivers, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,721 (100%) |
| Owner Occupied HU | 926 (53.8%) |
| Renter Occupied HU | 311 (18.1%) |
| Vacant Housing Units | 484 (28.1%) |
| Median Home Value | $177,174 |
| Average Home Value | $272,341 |
Residential
599
Single Family
591
Multi-Family
8
Businesses
168
Date | Event | Price |
|---|---|---|
| 2024-07-02 | Listed for sale | $1,690,000 |
| 2024-06-06 | Listing removed | N/A |
| 2024-03-08 | Listed for sale | $1,550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $431.64 | N/A | $444,848 | N/A |
| 2023-12-27 | N/A | N/A | $444,848 | -0.65% |
| 2022-12-27 | N/A | N/A | $447,772 | 0.07% |
Listed by: Karen Gulick • South Texas Realty, LLC
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #443896
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.
