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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 401 Pecan St, Wharton, TX, 77488 offers a 8.51% rental yield on a $315,000 purchase with $2,234/mo rent. 84% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 103.67% and total cumulative return in cash at $108,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,234/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.49 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $315,000 |
| 2025-02-08 | Listing removed | $315,000 |
| 2025-02-01 | Pending sale | $315,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $4836.55 | -12.62% | $230,509 | -9.56% |
| 2023-03-18 | $5535.10 | 3.77% | $254,878 | 12.35% |
| 2022-03-18 | $5333.98 | -10.83% | $226,862 | -7.71% |
Listed by: Melissa Franklin • RE/MAX Integrity
Mls Name: HAR
Mls Provider:
Mls ID: #70424738
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