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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 Ballinger at 802 N 11th St, Ballinger, TX, 76821 offers a 4.58% rental yield on a $164,900 purchase with $630/mo rent. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 40.22% and total cumulative return in cash at $21,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $630/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76821, Ballinger, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,283 (100%) |
| Owner Occupied HU | 1,384 (60.6%) |
| Renter Occupied HU | 427 (18.7%) |
| Vacant Housing Units | 472 (20.7%) |
| Median Home Value | $115,526 |
| Average Home Value | $148,624 |
Residential
1,943
Single Family
1,921
Multi-Family
22
Businesses
283
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $164,900 |
| 2024-08-02 | Sold | N/A |
| 2024-04-10 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $1990.58 | 14.57% | $134,040 | 11.04% |
| 2023-03-31 | $1737.40 | -14.81% | $120,710 | 11.50% |
| 2022-03-31 | $2039.39 | -0.97% | $108,260 | 10.42% |
Listed by: Texas Living Realty Group • ERA Newlin & Company
Mls Name: San Angelo AOR
Mls Provider:
Mls ID: #126816
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.
