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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 Eagle Lake at 309 S Austin Rd, Eagle Lake, TX, 77434 offers a 8.42% rental yield on a $315,000 purchase with $2,210/mo rent. 56% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 102.18% and total cumulative return in cash at $106,697. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,210/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
2.57 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77434, Eagle Lake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,884 (100%) |
| Owner Occupied HU | 1,235 (65.6%) |
| Renter Occupied HU | 421 (22.3%) |
| Vacant Housing Units | 228 (12.1%) |
| Median Home Value | $103,906 |
| Average Home Value | $165,146 |
Residential
1,724
Single Family
1,721
Multi-Family
3
Businesses
224
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listed for sale | $315,000 |
| 2025-02-26 | Listing removed | $309,000 |
| 2024-08-15 | Price change | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-16 | $1869.91 | 230.57% | $214,345 | 90.81% |
| 2023-05-16 | $565.66 | -6.30% | $112,332 | 10.00% |
| 2022-05-16 | $603.70 | 0.83% | $102,120 | N/A |
Listed by: Jesus Alvarado • CENTURY 21 Western Realty, Inc
Mls Name: HAR
Mls Provider:
Mls ID: #14452044
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
