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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 Wallis at 610 Wrangler Rd, Wallis, TX, 77485 offers $3,239/mo rent that, after a $2,937/mo payment. Total monthly income is $3,239/mo. Return on cash invested measures 13.78% in year one, and rental yield stands at 6.48% at a $599,999 entry. Equity gained on principal adds $3,872/yr while 5% annual appreciation compounds into $165,769 by year five. Five-year ROI records 71.17% and total cumulative return in cash reaches $140,483. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,239/mo property income versus a $2,937/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
0.72 Acres lot
$N/A/sqft
$60 annually HOA
Neighborhood data shown for ZIP Code: 77485, Wallis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,983 (100%) |
| Owner Occupied HU | 1,408 (71.0%) |
| Renter Occupied HU | 318 (16.0%) |
| Vacant Housing Units | 257 (13.0%) |
| Median Home Value | $323,364 |
| Average Home Value | $337,124 |
Residential
1,299
Single Family
1,275
Multi-Family
24
Businesses
106
Date | Event | Price |
|---|---|---|
| 2025-05-05 | Listed for sale | $599,999 |
| 2025-05-05 | Listing removed | $629,000 |
| 2025-03-17 | Price change | $629,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-05 | $7649.66 | 5.73% | $502,319 | 10.00% |
| 2023-05-05 | $7234.93 | -9.95% | $456,654 | 10.00% |
| 2022-05-05 | $8034.66 | 18.45% | $415,140 | 10.00% |
Listed by: Daniel Enriquez • Next Trend Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #60597719
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is 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 is deemed reliable but not guaranteed.
