Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Lipan at 113 Oak Bend Trl, Lipan, TX, 76462 priced at $540,000 converts $3,167/mo rent into after a $2,643/mo obligation. Total monthly income equals $3,167/mo. Return on cash invested prints 14.39% in year one, and rental yield reads 7.04% against a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation compiles into $149,192 by year five. Five-year ROI reaches 74.85% and total cumulative return in cash sums $132,974. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,167/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Single Family
Built in 2007
0.50 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-01-09 | Listed for sale | $540,000 |
| 2021-05-18 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shanna Boleman • Rutledge Realty Group, LLC
Mls Name: NTREIS
Mls ID: #20810681
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.
