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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 Little Elm at 1531 Garza Ln, Little Elm, TX, 75068 at $1,349,000 posts ROI 1.28% with from $2,640/mo rent. Total monthly income equals $2,640/mo. Return on cash invested measures 1.28% and rental yield reads 2.35% at the current $1,349,000. Equity gained on principal adds $8,705/yr, and 5% annual appreciation supports $372,704 by year five. Five-year ROI prints 4.08% and total cumulative return in cash totals $17,823. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,640/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
1.23 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-05 | Price change | $1,349,000 |
| 2024-07-11 | Price change | $1,399,000 |
| 2024-06-28 | Price change | $1,499,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Russell Rhodes • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #20647998
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.
