








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 Argyle at 1516 Tumbleweed Trl, Argyle, TX, 76226 priced at $400,000 converts $3,228/mo rent into after a $1,958/mo obligation. Total monthly income equals $3,228/mo. Return on cash invested prints 18.72% in year one, and rental yield reads 9.68% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 99.41% and total cumulative return in cash sums $131,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,228/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 2018
6,011 sqft lot
$N/A/sqft
$694 quarterly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2024-12-17 | Price change | $400,000 |
| 2024-11-06 | Listed for sale | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $10034.53 | 0.49% | $414,518 | -3.91% |
| 2023-02-13 | $9985.92 | 14.08% | $431,363 | 26.25% |
| 2022-02-13 | $8753.46 | 20.48% | $341,669 | 23.45% |



Listed by: Ashley Hart • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20763804
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.