5501 County Road 206GrandviewTX76050
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Grandview at 5501 County Road 206, Grandview, TX, 76050 listed at $1,125,000 pairs $5,630/mo rent with a $5,506/mo payment. Total monthly income runs $5,630/mo. Return on cash invested measures 12.57% in year one, and rental yield registers 6.01% at a $1,125,000 basis. Equity gained on principal adds $7,259/yr, and annual property appreciation at 5% supports $310,817 by year five. Five-year ROI tracks 64.62% and total cumulative return in cash totals $235,556. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,630/mo property income relative to a $5,506/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1896
8 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 76050, Grandview, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,010 (100%) |
| Owner Occupied HU | 2,303 (76.5%) |
| Renter Occupied HU | 500 (16.6%) |
| Vacant Housing Units | 207 ( 6.9%) |
| Median Home Value | $450,132 |
| Average Home Value | $447,276 |
Housing Distribution
Address Breakdown
Residential
2,889
Single Family
2,809
Multi-Family
80
Businesses
193
Price History
Date | Event | Price |
|---|---|---|
| 2024-06-20 | Price change | $1,125,000 |
| 2024-06-06 | Listed for sale | $1,150,000 |
| 2024-01-22 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3593.15 | -10.72% | $311,908 | 12.99% |
| 2022-08-14 | $4024.63 | 8.29% | $276,053 | 16.75% |
| 2021-08-14 | $3716.39 | 45.93% | $236,439 | 42.30% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1896
- Architectural Style: Craftsman,Victorian,Detached,Farmhouse
- Building Area: N/A
- Living Area: 4,061 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air
- Flooring: Hardwood
- Interior Features: Chandelier, Decorative/Designer Lighting Fixtures, Paneling/Wainscoting, Natural Woodwork, Walk-In Closet(s)
- Exterior Features: Private Entrance, Private Yard, RV Hookup, Storage
- Parking Features: None, Other, Boat, RV Access/Parking
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Available, Septic Available, Water Available
- Sewer: Septic Tank
- Water Source: Community/Coop
- Road Surface Type: N/A
School Information
- Elementary School: Grandview
- Middle School: N/A
- High School: Grandview
Listed by: Mary Cornelius • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20637752
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.