Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Palacios at 38 Eel Ct, Palacios, TX, 77465 generates $1,126/mo in rent and, after a $734/mo payment, leaves $60/mo in cash flow. Total monthly income is $1,126/mo, and annual cash flow is $714/yr on $49,725 invested. Return on cash invested sits at 21.34% in year one, and rental yield is 9.01% on a $149,999 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 111.77% and total cumulative return in cash sums $55,578. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,126/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77465, Palacios, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,177 (100%) |
| Owner Occupied HU | 2,318 (55.5%) |
| Renter Occupied HU | 692 (16.6%) |
| Vacant Housing Units | 1,167 (27.9%) |
| Median Home Value | $223,515 |
| Average Home Value | $225,985 |
Residential
3,080
Single Family
3,018
Multi-Family
62
Businesses
254
Date | Event | Price |
|---|---|---|
| 2024-12-19 | Listed for sale | $149,999 |
| 2024-11-18 | Listing removed | $155,000 |
| 2024-07-31 | Price change | $155,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $382.33 | 4.82% | $96,310 | 10.01% |
| 2023-02-13 | $364.76 | -31.09% | $87,550 | 10.00% |
| 2022-02-13 | $529.35 | -10.26% | $79,590 | -5.09% |
Listed by: Matthew Springfield • Sunrise Properties, LLC
Mls Name: Matagorda County BOR
Mls ID: #778266
Disclaimer: Copyright Matagorda County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
