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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% |
Rental property for sale in La Grange at 928 Chapparal Rd, La Grange, TX, 78945 generates $3,188/mo in rent and, after a $734/mo payment, leaves $2,106/mo in cash flow. Total monthly income is $3,188/mo, and annual cash flow is $25,278/yr on $49,692 invested. Return on cash invested sits at 70.78% in year one, and rental yield is 25.52% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 377.03% and total cumulative return in cash sums $187,355. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1.34 Acres lot
$N/A/sqft
$183 annually 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 |
|---|---|---|
| 2024-08-02 | Listed for sale | $149,900 |
| 2024-07-29 | Pending sale | $149,900 |
| 2024-05-30 | Listed for sale | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $215.10 | 3.05% | $59,064 | 9.77% |
| 2022-08-14 | $208.73 | 5.44% | $53,808 | 9.75% |
| 2021-08-14 | $197.97 | N/A | $49,030 | 1.34% |
Listed by: Ruth Ann Streiff • Round Top Real Estate
Mls Name: HAR
Mls Provider:
Mls ID: #95380785
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