








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 Crawford at 115 Laurel Oaks Ln, Crawford, TX, 76638 priced at $599,900 converts $6,028/mo rent into $1,762/mo cash flow after a $2,936/mo obligation. Total monthly income equals $6,028/mo, and annual cash flow totals $21,147/yr on $197,367 invested. Return on cash invested prints 30.77% in year one, and rental yield reads 12.06% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 162.3% and total cumulative return in cash sums $320,332. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,028/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1995
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76638, Crawford, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,325 (100%) |
| Owner Occupied HU | 1,084 (81.8%) |
| Renter Occupied HU | 152 (11.5%) |
| Vacant Housing Units | 89 ( 6.7%) |
| Median Home Value | $444,920 |
| Average Home Value | $495,733 |
Residential
1,113
Single Family
1,113
Multi-Family
0
Businesses
60
Date | Event | Price |
|---|---|---|
| 2024-07-30 | Price change | $599,900 |
| 2024-05-24 | Price change | $629,900 |
| 2024-04-26 | Listed for sale | $645,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-16 | $5767.22 | -17.92% | $493,849 | 10.00% |
| 2022-08-16 | $7025.94 | 4.45% | $448,954 | 10.00% |
| 2021-08-16 | $6726.37 | N/A | $408,140 | 4.36% |



Listed by: Carol Smiley Pope • Niche Real Estate
Mls Name: WMLS
Mls Provider:
Mls ID: #222454
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Waco Association of Realtors. IDX information is provided exclusively for consumers' 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 deemed reliable but not guaranteed. Copyright 2024 Waco Association of Realtors. All Rights Reserved. Last Updated On: 2024-08-16 01:54:49 PDT