








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 Irving at 1412 Limetree Ln, Irving, TX, 75061 priced at $499,000 converts $3,420/mo rent into after a $2,442/mo obligation. Total monthly income equals $3,420/mo. Return on cash invested prints 18.98% in year one, and rental yield reads 8.22% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 99.07% and total cumulative return in cash sums $163,878. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,420/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1974
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75061, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,151 (100%) |
| Owner Occupied HU | 7,404 (36.7%) |
| Renter Occupied HU | 11,654 (57.8%) |
| Vacant Housing Units | 1,093 ( 5.4%) |
| Median Home Value | $298,564 |
| Average Home Value | $319,555 |
Residential
20,127
Single Family
11,246
Multi-Family
8,881
Businesses
1,864
Date | Event | Price |
|---|---|---|
| 2024-10-23 | Listed for sale | $499,000 |
| 2024-10-16 | Contingent | $499,000 |
| 2024-09-30 | Listed for sale | $499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4780.55 | 98.19% | $426,000 | 10.62% |
| 2023-12-27 | $2412.15 | -0.98% | $385,110 | -1.00% |
| 2022-12-27 | $2436.08 | 6.89% | $389,000 | 16.90% |



Listed by: David Craft • RE/MAX DFW Associates
Mls Name: NTREIS
Mls ID: #20718579
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.