








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 Azle at 156 Lilac Ln, Azle, TX, 76020 uses $86,190 cash to close to unlock $17,456/yr annual cash flow and $1,455/mo monthly cash flow. Total monthly income runs $3,304/mo, and a $1,273/mo payment keeps the spread at $1,455/mo. Purchase price stands at $260,000, and rental yield measures 15.25% with $3,304/mo rent. Return on cash invested shows 40.16% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 212.66% and total cumulative return in cash records $183,293. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,304/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76020, Azle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,879 (100%) |
| Owner Occupied HU | 10,695 (71.9%) |
| Renter Occupied HU | 3,057 (20.5%) |
| Vacant Housing Units | 1,127 ( 7.6%) |
| Median Home Value | $389,632 |
| Average Home Value | $421,923 |
Residential
14,293
Single Family
13,691
Multi-Family
602
Businesses
598
Date | Event | Price |
|---|---|---|
| 2024-08-10 | Price change | $260,000 |
| 2024-07-28 | Price change | $263,900 |
| 2024-07-19 | Listed for sale | $265,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $2208.37 | 79.40% | $177,198 | 16.79% |
| 2022-08-14 | $1230.97 | 6.82% | $151,720 | 20.25% |
| 2021-08-14 | $1152.38 | 8.09% | $126,175 | -15.12% |



Listed by: Elizabeth Crosby • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20626645
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.