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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 Southlake at 113 Wilmington Ct, Southlake, TX, 76092 listed at $1,450,000 pairs $12,349/mo rent with a $7,097/mo payment to leave $1,938/mo cash flow. Total monthly income runs $12,349/mo, and annual cash flow reaches $23,254/yr on $469,800 cash to close. Return on cash invested measures 25.32% in year one, and rental yield registers 10.22% at a $1,450,000 basis. Equity gained on principal adds $9,357/yr, and annual property appreciation at 5% supports $400,608 by year five. Five-year ROI tracks 133.09% and total cumulative return in cash totals $625,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $12,349/mo property income relative to a $7,097/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
0.46 Acres lot
$N/A/sqft
$600 semi-annually HOA
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $1,450,000 |
| 2024-07-03 | Listed for sale | $1,500,000 |
| 2006-06-02 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $18693.25 | -12.57% | $1,025,597 | 3.48% |
| 2022-08-14 | $21381.40 | 19.33% | $991,073 | 24.02% |
| 2021-08-14 | $17918.58 | 9.12% | $799,152 | 10.96% |
Listed by: Amy Rolle • Synergy Realty
Mls Name: NTREIS
Mls ID: #20656697
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.
