








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 Hockley at 31334 Balsam Hawk Ln, Hockley, TX, 77447 earns $199/mo cash flow from $3,269/mo rent with a $2,056/mo payment. Total monthly income totals $3,269/mo, and annual cash flow totals $2,384/yr on $139,230 capital. ROI tracks 21.62% on current figures, and rental yield reads 9.34% at a $420,000 purchase. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 over five years. Five-year ROI reaches 113.49% and total cumulative return in cash sums $158,011. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,269/mo property income instead of your personal income.
Single Family
Built in 2023
8,611 sqft lot
$N/A/sqft
$1,000 annually HOA
Neighborhood data shown for ZIP Code: 77447, Hockley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,326 (100%) |
| Owner Occupied HU | 10,304 (83.6%) |
| Renter Occupied HU | 1,216 ( 9.9%) |
| Vacant Housing Units | 806 ( 6.5%) |
| Median Home Value | $337,739 |
| Average Home Value | $430,368 |
Residential
10,781
Single Family
10,781
Multi-Family
0
Businesses
309
Date | Event | Price |
|---|---|---|
| 2025-05-28 | Listed for sale | $420,000 |
| 2023-09-18 | Listing removed | N/A |
| 2023-08-14 | Pending sale | $366,165 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-28 | $2548.12 | 736.19% | $370,931 | 455.45% |
| 2023-05-28 | $304.73 | 19.43% | $66,780 | 92.45% |
| 2022-05-28 | $255.16 | N/A | $34,700 | N/A |



What's Special
Radiant Attic Barrier
Listed by: Zachary Grigsby • The Grigsby Team
Mls Name: HAR
Mls Provider:
Mls ID: #71033284
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