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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 135 Knob Hill Ln, Double Oak, TX, 75077 listed at $650,000 pairs $3,373/mo rent with a $3,181/mo payment. Total monthly income runs $3,373/mo. Return on cash invested measures 13.05% in year one, and rental yield registers 6.23% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 67.28% and total cumulative return in cash totals $143,870. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,373/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
0.92 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-11-04 | Price change | $650,000 |
| 2024-09-28 | Listed for sale | $685,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4489.89 | -0.02% | $546,461 | 5.27% |
| 2023-12-27 | $4490.63 | -32.27% | $519,090 | 10.00% |
| 2022-12-27 | $6629.84 | 0.03% | $471,900 | 10.00% |
Listed by: William Nelson • Your Home Free LLC
Mls Name: NTREIS
Mls ID: #20740907
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.
