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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 Glenn Heights at 1111 Devonshire Dr, Glenn Heights, TX, 75154 listed at $385,000 pairs $3,251/mo rent with a $1,884/mo payment to leave $476/mo cash flow. Total monthly income runs $3,251/mo, and annual cash flow reaches $5,713/yr on $127,628 cash to close. Return on cash invested measures 24.39% in year one, and rental yield registers 10.13% at a $385,000 basis. Equity gained on principal adds $2,484/yr, and annual property appreciation at 5% supports $106,368 by year five. Five-year ROI tracks 128.22% and total cumulative return in cash totals $163,642. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,251/mo property income relative to a $1,884/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
8,973 sqft lot
$N/A/sqft
$450 annually HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-06-05 | Listed for sale | $385,000 |
| 2025-06-04 | Listing removed | $385,000 |
| 2025-04-18 | Listed for sale | $385,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-05 | $6328.09 | 10.94% | $373,730 | N/A |
| 2023-06-05 | $5704.05 | -12.12% | $373,730 | 15.37% |
| 2022-06-05 | $6490.55 | -4.72% | $323,930 | 19.94% |
Listed by: Kevin Martin • Texas Ally Real Estate Group
Mls Name: NTREIS
Mls ID: #20959712
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.
