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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% |
Rental property for sale in Keller at 1301 Lindsey Dr, Keller, TX, 76248 priced at $800,000 converts $8,444/mo rent into $2,686/mo cash flow after a $3,916/mo obligation. Total monthly income equals $8,444/mo, and annual cash flow totals $32,227/yr on $263,200 invested. Return on cash invested prints 32.3% in year one, and rental yield reads 12.67% against a $800,000 entry. Equity gained on principal adds $5,162/yr, while 5% annual appreciation compiles into $221,025 by year five. Five-year ROI reaches 170.62% and total cumulative return in cash sums $449,060. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $8,444/mo property income covering a $3,916/mo payment, not borrower’s personal income.
Single Family
Built in 2008
0.29 Acres lot
$N/A/sqft
$525 annually HOA
Neighborhood data shown for ZIP Code: 76248, Keller, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,118 (100%) |
| Owner Occupied HU | 11,544 (76.4%) |
| Renter Occupied HU | 3,205 (21.2%) |
| Vacant Housing Units | 369 ( 2.4%) |
| Median Home Value | $532,964 |
| Average Home Value | $597,549 |
Residential
15,057
Single Family
13,036
Multi-Family
2,021
Businesses
926
Date | Event | Price |
|---|---|---|
| 2024-08-13 | Listed for sale | $800,000 |
| 2024-06-17 | Listing removed | N/A |
| 2024-06-05 | Listed for rent | $4,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $13580.63 | 0.38% | $714,518 | 16.51% |
| 2022-08-31 | $13528.57 | 17.66% | $613,263 | 23.88% |
| 2021-08-31 | $11498.08 | 6.25% | $495,052 | 8.80% |
Listed by: Christie Cannon • Keller Williams Frisco Stars
Mls Name: NTREIS
Mls ID: #20701481
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.
