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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 Springtown at 1049 Tex Ln, Springtown, TX, 76082 priced at $439,000 converts $3,024/mo rent into after a $2,149/mo obligation. Total monthly income equals $3,024/mo. Return on cash invested prints 19.1% in year one, and rental yield reads 8.27% against a $439,000 entry. Equity gained on principal adds $2,833/yr, while 5% annual appreciation compiles into $121,288 by year five. Five-year ROI reaches 99.71% and total cumulative return in cash sums $145,100. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,024/mo property income covering a $2,149/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,102 (100%) |
| Owner Occupied HU | 7,143 (78.5%) |
| Renter Occupied HU | 1,423 (15.6%) |
| Vacant Housing Units | 536 ( 5.9%) |
| Median Home Value | $347,703 |
| Average Home Value | $447,119 |
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-04-09 | Listed for sale | $439,000 |
| 2024-10-06 | Listing removed | $455,900 |
| 2024-09-30 | Listed for sale | $455,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-09 | N/A | N/A | $456,200 | N/A |
| 2023-04-09 | $99.81 | -88.80% | $456,200 | 812.40% |
| 2022-04-09 | $891.54 | 41.53% | $50,000 | 42.86% |
Listed by: Laurie Morse • Worth Clark Realty
Mls Name: NTREIS
Mls ID: #20886796
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.
