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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 708 N Washington St, La Grange, TX, 78945 listed at $699,000 pairs $6,032/mo rent with a $3,421/mo payment to leave $1,062/mo cash flow. Total monthly income runs $6,032/mo, and annual cash flow reaches $12,739/yr on $229,971 cash to close. Return on cash invested measures 25.6% in year one, and rental yield registers 10.36% at a $699,000 basis. Equity gained on principal adds $4,511/yr, and annual property appreciation at 5% supports $193,121 by year five. Five-year ROI tracks 134.55% and total cumulative return in cash totals $309,422. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,032/mo property income relative to a $3,421/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.79 Acres 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 |
|---|---|---|
| 2024-05-23 | Price change | $699,000 |
| 2024-05-07 | Price change | $729,500 |
| 2024-01-30 | Listed for sale | $749,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $6909.39 | 397.04% | $562,188 | 10.00% |
| 2022-08-14 | $1390.12 | N/A | $511,080 | 30.46% |
| 2021-08-14 | N/A | N/A | $391,750 | 3.23% |
Listed by: Jack Holman • Osage Group Realty
Mls Name: HAR
Mls Provider:
Mls ID: #51634777
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