








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 28015 Fm 1602, Hico, TX, 76457 offers a 4.15% rental yield on a $825,000 purchase with $2,854/mo rent. 74% in year one. Equity gained on principal adds $5,324/yr while 5% annual appreciation supports $227,932 over five years. Portfolio math shows five-year ROI at 33.42% and total cumulative return in cash at $90,705. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,854/mo property income against a $4,038/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
17.91 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-05-10 | Listed for sale | $825,000 |
| 2025-04-01 | Listing removed | $849,900 |
| 2025-02-18 | Listed for sale | $849,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-10 | $2771.93 | -13.42% | $452,623 | 10.00% |
| 2023-05-10 | $3201.47 | -27.22% | $411,475 | 10.00% |
| 2022-05-10 | $4398.57 | -0.70% | $374,068 | 10.00% |



Listed by: Ashleigh Cole • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20932093
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.