








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Lipan at 823 Tuggle Rd, Lipan, TX, 76462 priced at $790,000 pairs $1,816/mo rent with after a $3,867/mo payment. Total monthly income equals $1,816/mo. Return on cash invested is 2.51% in year one, and rental yield stands at 2.76% on a $790,000 basis. Equity gained on principal adds $5,098/yr, and 5% annual appreciation accumulates to $218,262 by year five. Five-year ROI measures 10.7% and total cumulative return in cash reaches $27,804. For financing, Ziffy Mortgage’s DSCR program evaluates $1,816/mo property income against a $3,867/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1975
25.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2024-02-17 | Listed for sale | $790,000 |
| 2023-07-01 | Listing removed | N/A |
| 2023-04-21 | Price change | $795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-23 | $703.03 | 1.20% | $141,980 | 0.41% |
| 2022-10-23 | $694.72 | -15.34% | $141,400 | 11.93% |
| 2021-10-23 | $820.58 | 11.04% | $126,330 | N/A |



Listed by: Joy Townsend • Keller Williams Heritage West
Mls Name: NTREIS
Mls ID: #20538954
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.