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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 Wallis at 36707 Tejas Rd, Wallis, TX, 77485 generates $3,180/mo in rent, after a $2,838/mo payment. Total monthly income is $3,180/mo. Return on cash invested sits at 14.08% in year one, and rental yield is 6.58% on a $579,800 entry. Equity gained on principal adds $3,741/yr, while 5% annual appreciation builds toward $160,188 over five years. Five-year ROI reaches 72.79% and total cumulative return in cash sums $138,858. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,180/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
0.97 Acres lot
$N/A/sqft
$85 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 |
|---|---|---|
| 2025-01-23 | Price change | $579,800 |
| 2024-12-19 | Price change | $585,000 |
| 2023-10-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $505,102 | 9.31% |
| 2023-02-13 | $7334.51 | -9.85% | $462,077 | 10.00% |
| 2022-02-13 | $8135.97 | 18.47% | $420,070 | 10.00% |
Listed by: Brandon Scott • Keller Williams Premier Realty
Mls Name: HAR
Mls Provider:
Mls ID: #65593282
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