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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% |
Investment property for sale in Argyle at 1048 3rd St, Argyle, TX, 76226 uses $119,340 cash to close to unlock $569/yr annual cash flow and $47/mo monthly cash flow. Total monthly income runs $3,031/mo, and a $1,762/mo payment keeps the spread at $47/mo. Purchase price stands at $360,000, and rental yield measures 10.1% with $3,031/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 108.17% and total cumulative return in cash records $129,093. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,031/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
4,268 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2022-08-31 | Sold | N/A |
| 2022-08-17 | Contingent | $380,990 |
| 2022-08-12 | Listed for sale | $380,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-13 | $8358.24 | 9.75% | $369,231 | 3.70% |
| 2023-06-13 | $7615.63 | 864.63% | $356,060 | 670.53% |
| 2022-06-13 | $789.49 | -1.42% | $46,210 | -40.00% |
Listed by: Douglas Shanahan • Real Estate Man DFW
Mls Name: NTREIS
Mls ID: #20962152
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.
