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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 Springtown at 1341 Old Reno Rd, Springtown, TX, 76082 offers a 4.64% rental yield on a $899,000 purchase with $3,474/mo rent. 22% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 41.34% and total cumulative return in cash at $122,278. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,474/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
17.34 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,102 (100%) |
| Owner Occupied HU | 7,143 (78.5%) |
| Renter Occupied HU | 1,423 (15.6%) |
| Vacant Housing Units | 536 ( 5.9%) |
| Median Home Value | $347,703 |
| Average Home Value | $447,119 |
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-02-12 | Price change | $899,000 |
| 2024-12-26 | Price change | $935,000 |
| 2024-10-02 | Listed for sale | $950,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5010.33 | 0.64% | $411,450 | N/A |
| 2023-02-13 | $4978.67 | -15.14% | $411,450 | 18.03% |
| 2022-02-13 | $5867.16 | 60.69% | $348,600 | 62.32% |
Listed by: Julie Wells • Real
Mls Name: NTREIS
Mls ID: #20741813
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.
