








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 1175 Ownby Ln, Southlake, TX, 76092 earns from $6,074/mo rent with a $4,846/mo payment. Total monthly income totals $6,074/mo. ROI tracks 16.41% on current figures, and rental yield reads 7.36% at a $990,000 purchase. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,519 over five years. Five-year ROI reaches 85.29% and total cumulative return in cash sums $277,784. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,074/mo property income instead of your personal income.
Single Family
Built in 1994
0.46 Acres lot
$N/A/sqft
$300 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 |
|---|---|---|
| 2025-08-15 | Listed for sale | $990,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $12417.20 | 1.86% | $829,515 | -16.48% |
| 2023-08-15 | $12190.35 | -13.32% | $993,210 | 34.38% |
| 2022-08-15 | $14063.64 | 4.87% | $739,079 | 16.51% |



Listed by: Monica Gattshall • TK Realty
Mls Name: NTREIS
Mls ID: #21028497
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.