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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 Wallis at 36605 Hondo Rd, Wallis, TX, 77485 listed at $649,000 pairs $3,164/mo rent with a $3,177/mo payment. Total monthly income runs $3,164/mo. Return on cash invested measures 11.82% in year one, and rental yield registers 5.85% at a $649,000 basis. Equity gained on principal adds $4,188/yr, and annual property appreciation at 5% supports $179,307 by year five. Five-year ROI tracks 60.65% and total cumulative return in cash totals $129,504. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,164/mo property income relative to a $3,177/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1.95 Acres lot
$N/A/sqft
$186 annually HOA
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $5698.10 | 6.01% | $390,878 | 10.00% |
| 2023-04-24 | $5374.89 | -12.49% | $355,344 | 10.00% |
| 2022-04-24 | $6141.94 | 17.90% | $323,040 | 10.00% |
Listed by: Callie Smith • Griffin Realty & Associates
Mls Name: HAR
Mls Provider:
Mls ID: #94262967
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