Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Bishop at 702 W 1st St, Bishop, TX, 78343 with 5% annual appreciation on a $304,900 basis while $1,524/mo rent supports operations. 26% in year one. Equity gained on principal adds $1,967/yr, and five-year appreciation sums $84,238 alongside rental yield of 6%. Five-year ROI measures 63.1% and total cumulative return in cash totals $63,782. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,524/mo property income versus a $1,492/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2022
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78343, Bishop, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,202 (63.2%) |
| Renter Occupied HU | 417 (21.9%) |
| Vacant Housing Units | 284 (14.9%) |
| Median Home Value | $162,143 |
| Average Home Value | $204,020 |
Residential
1,595
Single Family
1,555
Multi-Family
40
Businesses
98
Date | Event | Price |
|---|---|---|
| 2025-04-13 | Listed for sale | $304,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-14 | $3899.62 | 15.05% | $249,467 | 10.00% |
| 2023-04-14 | $3389.45 | 961.79% | $226,788 | 1656.55% |
| 2022-04-14 | $319.22 | -3.28% | $12,911 | N/A |
Listed by: Cynthia Tobar • RE/MAX Quail Country
Mls Name: South Texas MLS
Mls Provider:
Mls ID: #457614
Disclaimer: Based on information from South Texas MLS, LLC as of 2025-04-14 00:53:29 PDT. All information provided is deemed reliable but is not guaranteed and should be independently verified. South Texas MLS, LLC provides the MLS and all content therein AS IS and without any warranty, express or implied. MLS aggregate data is a copyright of Texas Association of REALTORS (TAR) and that the reader may not reproduce or distribute the MLS aggregate data.
