







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 Hillsboro at 623 E Walnut St, Hillsboro, TX, 76645 uses $49,360 cash to close to unlock $1,559/yr annual cash flow and $130/mo monthly cash flow. Total monthly income runs $1,189/mo, and a $729/mo payment keeps the spread at $130/mo. Purchase price stands at $148,900, and rental yield measures 9.58% with $1,189/mo rent. Return on cash invested shows 23.07% in year one, and 5% annual appreciation builds toward $41,138 over five years. Five-year ROI reaches 120.99% and total cumulative return in cash records $59,721. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,189/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76645, Hillsboro, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,917 (100%) |
| Owner Occupied HU | 2,873 (58.4%) |
| Renter Occupied HU | 1,461 (29.7%) |
| Vacant Housing Units | 583 (11.9%) |
| Median Home Value | $200,509 |
| Average Home Value | $251,751 |
Residential
4,447
Single Family
3,965
Multi-Family
482
Businesses
599
Date | Event | Price |
|---|---|---|
| 2025-05-19 | Listed for sale | $148,900 |
| 2015-08-27 | Listing removed | $27,900 |
| 2015-08-12 | Pending sale | $27,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-19 | $223.38 | 1.34% | $46,160 | 6.98% |
| 2023-05-19 | $220.43 | -16.87% | $43,150 | -12.17% |
| 2022-05-19 | $265.16 | 11.16% | $49,130 | 19.98% |



Listed by: Donna Petty • Rev Real Estate
Mls Name: NTREIS
Mls ID: #20933587
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.