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 Southlake at 115 Creekway Bnd, Southlake, TX, 76092 priced at $1,600,000 converts $5,160/mo rent into after a $7,831/mo obligation. Total monthly income equals $5,160/mo. Return on cash invested prints 5.71% in year one, and rental yield reads 3.87% against a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation compiles into $442,051 by year five. Five-year ROI reaches 27.92% and total cumulative return in cash sums $144,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,160/mo property income covering a $7,831/mo payment, not borrower’s personal income.
Single Family
Built in 1992
0.50 Acres lot
$N/A/sqft
$1,400 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 |
|---|---|---|
| 2025-04-17 | Listed for sale | $1,600,000 |
| 2019-08-09 | Listing removed | $949,000 |
| 2019-08-06 | Pending sale | $949,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $19018.84 | 3.61% | $1,495,814 | 3.51% |
| 2023-04-17 | $18355.31 | -12.02% | $1,445,142 | 26.04% |
| 2022-04-17 | $20863.32 | 5.23% | $1,146,578 | 23.19% |
Listed by: David Chicotsky • Briggs Freeman Sotheby's Int'l
Mls Name: NTREIS
Mls ID: #20906840
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.
