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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 Nixon at 2968 E Highway 97, Nixon, TX, 78140 earns from $834/mo rent with a $954/mo payment. Total monthly income totals $834/mo. ROI tracks 9.66% on current figures, and rental yield reads 5.13% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 49.08% and total cumulative return in cash sums $31,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $834/mo property income instead of your personal income.
Single Family
Built in 1960
3 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78140, Nixon, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,593 (100%) |
| Owner Occupied HU | 908 (57.0%) |
| Renter Occupied HU | 387 (24.3%) |
| Vacant Housing Units | 298 (18.7%) |
| Median Home Value | $157,692 |
| Average Home Value | $201,258 |
Residential
1,361
Single Family
1,361
Multi-Family
0
Businesses
93
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $206.52 | -1.01% | $101,020 | -7.48% |
| 2023-02-13 | $208.63 | -3.26% | $109,190 | 65.39% |
| 2022-02-13 | $215.66 | N/A | $66,020 | 4.66% |
Listed by: Heather Ruiz • RE/MAX First Shot
Mls Name: Central Texas MLS
Mls Provider:
Mls ID: #563214
Disclaimer: Listing and property data is from an Internet Data Exchange (IDX) provided by the Central Texas MLS. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. 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. Copyright 2025 Central Texas MLS, All Rights Reserved.
