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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 Matagorda at 282 Private Road 640 UNIT 28, Matagorda, TX, 77457 offers a 3.71% rental yield on a $367,000 purchase with $1,134/mo rent. 61% in year one. Equity gained on principal adds $2,368/yr while 5% annual appreciation supports $101,395 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,134/mo property income against a $1,796/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1981
871.20 sqft lot
$N/A/sqft
$2,328 monthly HOA
Neighborhood data shown for ZIP Code: 77457, Matagorda, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 868 (100%) |
| Owner Occupied HU | 232 (26.7%) |
| Renter Occupied HU | 36 ( 4.1%) |
| Vacant Housing Units | 600 (69.1%) |
| Median Home Value | $352,632 |
| Average Home Value | $390,334 |
Residential
1
Single Family
1
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2024-12-14 | Price change | $367,000 |
| 2021-06-03 | Pending sale | $219,000 |
| 2021-05-31 | Contingent | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $232,452 | 20.00% |
| 2023-02-13 | $2889.47 | -15.52% | $193,710 | -2.51% |
| 2022-02-13 | $3420.20 | -3.62% | $198,700 | -1.24% |
Listed by: Amy Thiemer • Bill Bell Realty
Mls Name: Matagorda County BOR
Mls ID: #778258
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
