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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 La Grange at 605 E Walnut St, La Grange, TX, 78945 listed at $214,000 pairs $1,352/mo rent with a $1,047/mo payment. Total monthly income runs $1,352/mo. Return on cash invested measures 17.04% in year one, and rental yield registers 7.58% at a $214,000 basis. Equity gained on principal adds $1,381/yr, and annual property appreciation at 5% supports $59,124 by year five. Five-year ROI tracks 88.69% and total cumulative return in cash totals $62,915. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,352/mo property income relative to a $1,047/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
6,856 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78945, La Grange, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,435 (100%) |
| Owner Occupied HU | 3,493 (64.3%) |
| Renter Occupied HU | 1,087 (20.0%) |
| Vacant Housing Units | 855 (15.7%) |
| Median Home Value | $336,798 |
| Average Home Value | $428,576 |
Residential
4,890
Single Family
4,751
Multi-Family
139
Businesses
733
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Price change | $214,000 |
| 2024-08-25 | Listed for sale | $219,000 |
| 2024-08-21 | Pending sale | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $244,120 | 56.34% |
| 2023-12-27 | $794.82 | -36.62% | $156,151 | 10.00% |
| 2022-12-27 | $1254.09 | 3.10% | $141,955 | 10.00% |
Listed by: Pamela Surman • Bubela Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #8909988
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