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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% |
Investment property for sale in Lipan at 600 Hubbard Ln, Lipan, TX, 76462 offers a 8.92% rental yield on a $475,000 purchase with $3,532/mo rent. Total monthly income registers $3,532/mo, and a $2,325/mo payment leaves $154/mo available for distribution. Annual cash flow reaches $1,849/yr on $157,463 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $3,065/yr while 5% annual appreciation supports $131,234 over five years. Portfolio math shows five-year ROI at 110.38% and total cumulative return in cash at $173,803. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,532/mo property income against a $2,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-02-10 | Price change | $475,000 |
| 2025-01-05 | Listed for sale | $480,000 |
| 2024-09-30 | Listing removed | $495,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | $4828.54 | 0.54% | $328,930 | N/A |
| 2023-02-11 | $4802.76 | -16.05% | $328,930 | 6.35% |
| 2022-02-11 | $5720.97 | 1.29% | $309,280 | N/A |
Listed by: Chase Rutledge • Rutledge Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20809500
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.
