Under $300K Investment Properties for Sale in Richmond, TX
363- 3 Bed
- 2 Bath
- 1495 sft
392- 3 Bed
- 2 Bath
- 1412 sft
540- 3 Bed
- 2 Bath
- 1329 sft
483- 3 Bed
- 2 Bath
- 1834 sft
Why Invest in Richmond, Texas?
Richmond, TX offers compelling opportunities for budget-conscious investors seeking properties under $300k in a competitive but accessible market. The area has experienced modest price corrections, with median home values down 2.4% year-over-year, creating entry points for value-focused buyers. Strong rental demand supports consistent cash flow, while the market's competitive nature indicates sustained tenant interest. With median rents around $1,816 and homes selling in approximately 58–68 days, sub-$300k properties align well with buy-and-hold strategies targeting steady appreciation and rental income.
Frequently Asked Questions
Sub-$300k properties in Richmond offer lower entry costs with strong rental yields around 5.7% and consistent tenant demand. The recent 2.4% price correction creates buying opportunities while maintaining positive cash flow potential through rental income.
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