








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 Hillsboro at 407 E Franklin St, Hillsboro, TX, 76645 with 5% annual appreciation on a $389,500 basis while $1,914/mo rent supports operations. 96% in year one. Equity gained on principal adds $2,513/yr, and five-year appreciation sums $107,612 alongside rental yield of 5.9%. Five-year ROI measures 61.42% and total cumulative return in cash totals $79,303. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,914/mo property income versus a $1,906/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $389,500 |
| 2025-09-01 | Listing removed | $389,500 |
| 2025-05-01 | Price change | $389,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-12 | $1104.46 | -2.24% | $228,230 | 3.20% |
| 2023-09-12 | $1129.78 | 0.96% | $221,150 | 6.66% |
| 2022-09-12 | $1119.02 | 61.46% | $207,340 | 74.26% |



Listed by: Brian Holland • Fort Worth Focused Real Estate
Mls Name: NTREIS
Mls ID: #21058309
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.