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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% |
Rental property for sale in La Grange at 311 Diers Ln, La Grange, TX, 78945 offers $1,722/mo rent that, after a $1,077/mo payment, leaves $157/mo cash flow. Total monthly income is $1,722/mo, and annual cash flow is $1,888/yr on $72,930 cash. Return on cash invested measures 22.5% in year one, and rental yield stands at 9.39% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 117.97% and total cumulative return in cash reaches $86,039. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,722/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
7,034 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2025-08-24 | Listed for sale | $220,000 |
| 2024-08-06 | Listing removed | N/A |
| 2024-08-02 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-24 | $2167.32 | 7.59% | $154,400 | 9.00% |
| 2023-08-24 | $2014.46 | 185.97% | $141,650 | 235.27% |
| 2022-08-24 | $704.42 | 30.12% | $42,250 | 42.83% |
Listed by: Roxanne Bailey • Compass RE Texas, LLC - The Woodlands
Mls Name: HAR
Mls Provider:
Mls ID: #51635196
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