








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 Lipan at 122 Oak Bend Trl, Lipan, TX, 76462 priced at $574,900 converts $1,920/mo rent into after a $2,814/mo obligation. Total monthly income equals $1,920/mo. Return on cash invested prints 5.25% in year one, and rental yield reads 4.01% against a $574,900 entry. Equity gained on principal adds $3,710/yr, while 5% annual appreciation compiles into $158,834 by year five. Five-year ROI reaches 25.77% and total cumulative return in cash sums $48,747. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $2,814/mo payment, not borrower’s personal income.
Single Family
Built in 2017
0.62 Acres lot
$N/A/sqft
$1,000 semi-annually HOA
Neighborhood data shown for ZIP Code: 76462, Lipan, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,577 (100%) |
| Owner Occupied HU | 1,156 (73.3%) |
| Renter Occupied HU | 224 (14.2%) |
| Vacant Housing Units | 197 (12.5%) |
| Median Home Value | $393,814 |
| Average Home Value | $502,766 |
Residential
1,450
Single Family
1,450
Multi-Family
0
Businesses
51
Date | Event | Price |
|---|---|---|
| 2025-03-20 | Listed for sale | $574,900 |
| 2023-06-12 | Sold | N/A |
| 2023-05-26 | Pending sale | $559,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Kristin Arredondo • Cates & Company
Mls Name: NTREIS
Mls ID: #20835979
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.