








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 Wharton at 830 Lily Ln, Wharton, TX, 77488 uses $128,390 cash to close to unlock $7,290/yr annual cash flow and $607/mo monthly cash flow. Total monthly income runs $3,362/mo, and a $1,896/mo payment keeps the spread at $607/mo. Purchase price stands at $387,300, and rental yield measures 10.42% with $3,362/mo rent. Return on cash invested shows 25.59% in year one, and 5% annual appreciation builds toward $107,004 over five years. Five-year ROI reaches 134.52% and total cumulative return in cash records $172,705. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,362/mo property income covering a $1,896/mo payment rather than investor’s personal income.
Single Family
Built in 1952
3.65 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 77488, Wharton, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,388 (100%) |
| Owner Occupied HU | 3,523 (55.2%) |
| Renter Occupied HU | 2,014 (31.5%) |
| Vacant Housing Units | 851 (13.3%) |
| Median Home Value | $198,776 |
| Average Home Value | $280,270 |
Residential
5,877
Single Family
4,986
Multi-Family
891
Businesses
696
Date | Event | Price |
|---|---|---|
| 2025-01-06 | Listed for sale | $387,300 |
| 2024-07-22 | Listing removed | $395,000 |
| 2024-05-06 | Listed for sale | $424,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $3908.00 | 9.75% | $299,156 | 10.00% |
| 2023-02-13 | $3560.93 | -16.07% | $271,960 | 10.00% |
| 2022-02-13 | $4242.84 | 1.77% | $247,236 | 10.00% |



Listed by: Michael Parker • Phyllis Foster Real Estate Services
Mls Name: HAR
Mls Provider:
Mls ID: #94576402
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.