








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 Converse at 10224 Flatland Trl, Converse, TX, 78109 listed at $205,200 pairs $2,032/mo rent with a $1,004/mo payment to leave $511/mo cash flow. Total monthly income runs $2,032/mo, and annual cash flow reaches $6,131/yr on $68,024 cash to close. Return on cash invested measures 28.92% in year one, and rental yield registers 11.88% at a $205,200 basis. Equity gained on principal adds $1,324/yr, and annual property appreciation at 5% supports $56,693 by year five. Five-year ROI tracks 152.78% and total cumulative return in cash totals $103,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,032/mo property income relative to a $1,004/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
7,405 sqft lot
$N/A/sqft
$21 monthly HOA
Neighborhood data shown for ZIP Code: 78109, Converse, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 25,515 (100%) |
| Owner Occupied HU | 18,732 (73.4%) |
| Renter Occupied HU | 4,973 (19.5%) |
| Vacant Housing Units | 1,810 ( 7.1%) |
| Median Home Value | $287,942 |
| Average Home Value | $312,137 |
Residential
23,805
Single Family
21,742
Multi-Family
2,063
Businesses
804
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Listing removed | $209,900 |
| 2025-07-17 | Pending sale | $209,900 |
| 2025-07-03 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-25 | N/A | N/A | $237,190 | N/A |
| 2024-10-25 | $3900.74 | 10.30% | $237,190 | 8.94% |
| 2023-10-25 | $3536.37 | -13.18% | $217,727 | 10.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A