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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 Lexington at 716 3rd St, Lexington, TX, 78947 uses $66,300 cash to close to unlock $2,372/yr annual cash flow and $198/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $979/mo payment keeps the spread at $198/mo. Purchase price stands at $200,000, and rental yield measures 9.72% with $1,620/mo rent. Return on cash invested shows 23.49% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 123.25% and total cumulative return in cash records $81,716. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1980
6,089 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 78947, Lexington, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,373 (100%) |
| Owner Occupied HU | 1,723 (72.6%) |
| Renter Occupied HU | 320 (13.5%) |
| Vacant Housing Units | 330 (13.9%) |
| Median Home Value | $321,442 |
| Average Home Value | $408,247 |
Residential
1,818
Single Family
1,794
Multi-Family
24
Businesses
141
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Pam Harkins • Keller Williams Realty
Mls Name: Unlock MLS
Mls ID: #5069868
