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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 Wharton at 321 Circle Dr, Wharton, TX, 77488 offers a 8.4% rental yield on a $285,000 purchase with $1,995/mo rent. 7% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 87.89% and total cumulative return in cash at $83,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,995/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77488, Wharton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,388 (100%) |
| Owner Occupied HU | 3,523 (55.2%) |
| Renter Occupied HU | 2,014 (31.5%) |
| Vacant Housing Units | 851 (13.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $280,270 |
Residential
5,877
Single Family
4,986
Multi-Family
891
Businesses
696
Date | Event | Price |
|---|---|---|
| 2025-01-23 | Price change | $285,000 |
| 2025-01-09 | Price change | $295,000 |
| 2024-12-18 | Price change | $299,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $7382.21 | 51.92% | $351,835 | 27.98% |
| 2023-02-13 | $4859.25 | -8.97% | $274,907 | 10.00% |
| 2022-02-13 | $5338.32 | 3.25% | $249,915 | 10.00% |
Listed by: Gabriella Combs • Compass RE Texas, LLC - Katy
Mls Name: HAR
Mls Provider:
Mls ID: #44709757
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