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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 38228 Broncho Rd, Wallis, TX, 77485 listed at $420,000 pairs $2,156/mo rent with a $2,056/mo payment. Total monthly income runs $2,156/mo. Return on cash invested measures 12.66% in year one, and rental yield registers 6.16% at a $420,000 basis. Equity gained on principal adds $2,710/yr, and annual property appreciation at 5% supports $116,038 by year five. Five-year ROI tracks 65.2% and total cumulative return in cash totals $90,775. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,156/mo property income relative to a $2,056/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
1.57 Acres lot
$N/A/sqft
$120 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 |
|---|---|---|
| 2025-06-03 | Listed for sale | $420,000 |
| 2025-05-21 | Listing removed | $459,000 |
| 2025-05-13 | Price change | $459,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $1412.46 | -1.97% | $273,787 | 10.00% |
| 2023-06-03 | $1440.80 | -51.89% | $248,897 | 10.00% |
| 2022-06-03 | $2994.53 | 19.89% | $226,270 | 10.00% |
Listed by: Juan Munoz • Walzel Properties - Corporate Office
Mls Name: HAR
Mls Provider:
Mls ID: #37608800
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