








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 503 Washington St, Mcgregor, TX, 76657 generates $2,308/mo in rent and, after a $1,346/mo payment, leaves $264/mo in cash flow. Total monthly income is $2,308/mo, and annual cash flow is $3,169/yr on $91,129 invested. Return on cash invested sits at 23.39% in year one, and rental yield is 10.07% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 123.17% and total cumulative return in cash sums $112,239. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,308/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
5,397 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 |
|---|---|---|
| 2025-01-03 | Price change | $274,900 |
| 2021-11-23 | Pending sale | $265,000 |
| 2021-10-25 | Listed for sale | $265,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5637.18 | 36.73% | $263,580 | 20.00% |
| 2023-02-13 | $4122.89 | -21.46% | $219,650 | -12.09% |
| 2022-02-13 | $5249.70 | 2043.35% | $249,850 | 2179.65% |



Listed by: Mario Cruz-Gonzalez • Coldwell Banker Apex, REALTORS
Mls Name: WMLS
Mls Provider:
Mls ID: #226974
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2025 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2025-02-13 04:53:25 PST