








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 Hickory Creek at 106 Strait Ln, Hickory Creek, TX, 75065 offers a 11.11% rental yield on a $329,900 purchase with $3,053/mo rent. Total monthly income registers $3,053/mo, and a $1,615/mo payment leaves $707/mo available for distribution. Annual cash flow reaches $8,481/yr on $109,362 to close, and return on cash invested stands at 27.66% in year one. Equity gained on principal adds $2,129/yr while 5% annual appreciation supports $91,145 over five years. Portfolio math shows five-year ROI at 145.63% and total cumulative return in cash at $159,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,053/mo property income against a $1,615/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75065, Lake Dallas, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,479 (100%) |
| Owner Occupied HU | 3,998 (73.0%) |
| Renter Occupied HU | 1,277 (23.3%) |
| Vacant Housing Units | 204 ( 3.7%) |
| Median Home Value | $440,366 |
| Average Home Value | $480,394 |
Residential
5,473
Single Family
4,671
Multi-Family
802
Businesses
478
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Listed for sale | $329,900 |
| 2025-07-23 | Listing removed | $329,900 |
| 2025-07-08 | Price change | $329,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-07 | $4901.05 | 8.16% | $370,058 | 7.46% |
| 2023-08-07 | $4531.24 | -16.96% | $344,379 | 10.00% |
| 2022-08-07 | $5456.64 | 0.65% | $313,072 | 10.00% |



Listed by: Rena Jones • Fathom Realty, LLC
Mls Name: NTREIS
Mls ID: #20969905
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.