








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 Roanoke at 15641 Landing Creek Ln, Roanoke, TX, 76262 offers a 9.67% rental yield on a $399,900 purchase with $3,221/mo rent. Total monthly income registers $3,221/mo, and a $1,957/mo payment leaves $327/mo available for distribution. Annual cash flow reaches $3,926/yr on $132,567 to close, and return on cash invested stands at 22.87% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,485 over five years. Portfolio math shows five-year ROI at 120.12% and total cumulative return in cash at $159,236. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,221/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,793 sqft lot
$N/A/sqft
$605 annually HOA
Neighborhood data shown for ZIP Code: 76262, Roanoke, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,094 (100%) |
| Owner Occupied HU | 11,796 (65.2%) |
| Renter Occupied HU | 5,240 (29.0%) |
| Vacant Housing Units | 1,058 ( 5.8%) |
| Median Home Value | $607,697 |
| Average Home Value | $702,771 |
Residential
17,546
Single Family
13,611
Multi-Family
3,935
Businesses
1,307
Date | Event | Price |
|---|---|---|
| 2025-05-02 | Listed for sale | $399,900 |
| 2025-03-27 | Listing removed | $399,900 |
| 2025-03-25 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $5614.81 | 15.77% | $430,000 | 13.46% |
| 2023-05-02 | $4850.01 | -7.13% | $379,000 | 8.29% |
| 2022-05-02 | $5222.50 | 15.92% | $350,000 | 17.40% |



Listed by: David Russell • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20836912
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.