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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Mcqueeney at 551 Terminal Loop Drive, Mcqueeney, TX, 78123 generates $2,010/mo in rent, after a $2,080/mo payment. Total monthly income is $2,010/mo. Return on cash invested sits at 8.9% in year one, and rental yield is 5.68% on a $424,900 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 45.93% and total cumulative return in cash sums $64,689. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,010/mo property income rather than buyer’s personal income.
Condo
Built in 1972
2 Acres lot
$N/A/sqft
$280 monthly HOA
Neighborhood data shown for ZIP Code: 78123, Mc Queeney, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,289 (100%) |
| Owner Occupied HU | 790 (61.3%) |
| Renter Occupied HU | 170 (13.2%) |
| Vacant Housing Units | 329 (25.5%) |
| Median Home Value | $493,182 |
| Average Home Value | $511,161 |
Residential
1,108
Single Family
1,108
Multi-Family
0
Businesses
139
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $424,900 |
| 2024-04-18 | Listing removed | N/A |
| 2024-03-22 | Pending sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-31 | $5151.48 | -30.19% | $293,598 | -31.93% |
| 2023-05-31 | $7378.92 | 18.26% | $431,339 | 28.89% |
| 2022-05-31 | $6239.53 | 67.47% | $334,649 | 49.51% |
Listed by: Frank Baker • Keller Williams Heritage
Mls Name: HLMLS
Mls Provider:
Mls ID: #173632
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.
