Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Little Elm at 15013 Northview Dr, Little Elm, TX, 75068 priced at $500,000 converts $3,638/mo rent into $32/mo cash flow after a $2,447/mo obligation. Total monthly income equals $3,638/mo, and annual cash flow totals $387/yr on $165,750 invested. Return on cash invested prints 20.14% in year one, and rental yield reads 8.73% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 105.45% and total cumulative return in cash sums $174,788. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,638/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 2012
8,712 sqft lot
$N/A/sqft
$605 annually HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2024-08-02 | Price change | $500,000 |
| 2024-07-19 | Listed for sale | $550,000 |
| 2024-04-17 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $4127.82 | 12.39% | $558,201 | 24.60% |
| 2022-08-13 | $3672.89 | 25.68% | $448,000 | 34.73% |
| 2021-08-13 | $2922.43 | 2.91% | $332,505 | 5.76% |
Listed by: Amy Galley • Compass RE Texas, LLC.
Mls Name: NTREIS
Mls ID: #20678084
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.
