








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 Mc Gregor at 512 Arthur St, Mc Gregor, TX, 76657 priced at $249,900 converts $2,032/mo rent into $196/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,032/mo, and annual cash flow totals $2,356/yr on $82,842 invested. Return on cash invested prints 22.75% in year one, and rental yield reads 9.76% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 119.65% and total cumulative return in cash sums $99,122. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,032/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.28 Acres 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 |
|---|---|---|
| 2024-11-21 | Listed for sale | $249,900 |
| 2024-06-12 | Listing removed | $132,000 |
| 2024-06-05 | Price change | $132,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4852.91 | 8.50% | $226,910 | -4.77% |
| 2023-02-13 | $4472.58 | 21.65% | $238,280 | 36.18% |
| 2022-02-13 | $3676.57 | 13.14% | $174,980 | 20.34% |



Listed by: Lindsey Gossett • Versatile Real Estate Co.
Mls Name: WMLS
Mls Provider:
Mls ID: #226746
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