








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 Crowley at 1428 Steve Dr, Crowley, TX, 76036 offers a 9.64% rental yield on a $480,000 purchase with $3,857/mo rent. Total monthly income registers $3,857/mo, and a $2,349/mo payment leaves $411/mo available for distribution. Annual cash flow reaches $4,933/yr on $159,120 to close, and return on cash invested stands at 23.01% in year one. Equity gained on principal adds $3,097/yr while 5% annual appreciation supports $132,615 over five years. Portfolio math shows five-year ROI at 120.79% and total cumulative return in cash at $192,197. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,857/mo property income against a $2,349/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
8,189 sqft lot
$N/A/sqft
$395 annually HOA
Neighborhood data shown for ZIP Code: 76036, Crowley, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,161 (100%) |
| Owner Occupied HU | 11,502 (75.9%) |
| Renter Occupied HU | 3,242 (21.4%) |
| Vacant Housing Units | 417 ( 2.8%) |
| Median Home Value | $345,283 |
| Average Home Value | $389,819 |
Residential
14,610
Single Family
13,553
Multi-Family
1,057
Businesses
581
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Listed for sale | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $464,351 | -0.31% |
| 2023-12-27 | N/A | N/A | $465,798 | 15.34% |
| 2022-12-27 | N/A | N/A | $403,862 | 16.79% |



Listed by: Jim Raines • Texas Legacy Realty
Mls Name: NTREIS
Mls ID: #20778888
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.