








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 McGregor at 406 Spring St, McGregor, TX, 76657 priced at $239,000 pairs $1,842/mo rent with $95/mo cash flow after a $1,170/mo payment. Total monthly income equals $1,842/mo, and annual cash flow comes to $1,139/yr on $79,229 invested. Return on cash invested is 21.35% in year one, and rental yield stands at 9.25% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 112.01% and total cumulative return in cash reaches $88,740. For financing, Ziffy Mortgage’s DSCR program evaluates $1,842/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2018
2,526 sqft lot
$N/A/sqft
$250 annually 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 |
|---|---|---|
| 2025-06-03 | Listed for sale | $239,000 |
| 2023-09-28 | Listing removed | N/A |
| 2023-09-12 | Listed for rent | $1,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-03 | $4285.30 | 13.94% | $200,370 | N/A |
| 2023-06-03 | $3760.99 | -10.67% | $200,370 | N/A |
| 2022-06-03 | $4210.04 | 14.10% | $200,370 | 21.35% |



Listed by: Jackie Hestilow • Turner Brothers Real Estate, LLC
Mls Name: NTREIS
Mls ID: #20956101
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.