








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 Mc Gregor at 406 Pierce St, Mc Gregor, TX, 76657 uses $82,875 cash to close to unlock $5,086/yr annual cash flow and $424/mo monthly cash flow. Total monthly income runs $2,202/mo, and a $1,224/mo payment keeps the spread at $424/mo. Purchase price stands at $250,000, and rental yield measures 10.57% with $2,202/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 136.96% and total cumulative return in cash records $113,506. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,202/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1955
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76657, Mc Gregor, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,468 (100%) |
| Owner Occupied HU | 3,267 (73.1%) |
| Renter Occupied HU | 936 (20.9%) |
| Vacant Housing Units | 265 ( 5.9%) |
| Median Home Value | $383,184 |
| Average Home Value | $412,210 |
Residential
4,517
Single Family
4,412
Multi-Family
105
Businesses
253
Date | Event | Price |
|---|---|---|
| 2025-07-08 | Listed for sale | $250,000 |
| 2025-03-28 | Sold | N/A |
| 2025-03-14 | Pending sale | $200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $3101.11 | 23.51% | $208,615 | 10.00% |
| 2023-07-09 | $2510.82 | -38.43% | $189,650 | -2.29% |
| 2022-07-09 | $4078.11 | 15.57% | $194,090 | 22.92% |



Listed by: Brook Dowd • Brook Ashley Realtors
Mls Name: NTREIS
Mls ID: #20992179
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.