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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 Double Oak at 115 W Carruth Ln, Double Oak, TX, 75077 listed at $1,349,000 pairs $4,778/mo rent with a $6,603/mo payment. Total monthly income runs $4,778/mo. Return on cash invested measures 7.07% in year one, and rental yield registers 4.25% at a $1,349,000 basis. Equity gained on principal adds $8,705/yr, and annual property appreciation at 5% supports $372,704 by year five. Five-year ROI tracks 35.16% and total cumulative return in cash totals $153,663. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,778/mo property income relative to a $6,603/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2000
1.00 Acres lot
$N/A/sqft
$350 annually HOA
Neighborhood data shown for ZIP Code: 75077, Lewisville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 11,790 (76.2%) |
| Renter Occupied HU | 3,210 (20.8%) |
| Vacant Housing Units | 465 ( 3.0%) |
| Median Home Value | $464,627 |
| Average Home Value | $538,179 |
Residential
15,326
Single Family
12,884
Multi-Family
2,442
Businesses
586
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $1,349,000 |
| 2023-07-14 | Sold | N/A |
| 2023-07-05 | Pending sale | $1,200,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-28 | $18291.27 | 70.39% | $1,200,882 | 53.70% |
| 2023-03-28 | $10735.24 | -10.14% | $781,297 | 10.00% |
| 2022-03-28 | $11946.50 | 5.13% | $710,270 | 10.00% |
Listed by: Natalie Lammers • Pittman Stovall, LLC
Mls Name: NTREIS
Mls ID: #20884616
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.
