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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 Southlake at 1566 Main St, Southlake, TX, 76092 with 5% annual appreciation on a $1,349,999 basis while $7,786/mo rent supports operations. Equity gained on principal adds $8,711/yr, and five-year appreciation sums $372,980 alongside rental yield of 6.92%. Five-year ROI measures 77.83% and total cumulative return in cash totals $340,421. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $7,786/mo property income versus a $6,608/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2005
2,609 sqft lot
$N/A/sqft
$1,692 annually HOA
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
Date | Event | Price |
|---|---|---|
| 2024-07-31 | Price change | $1,349,999 |
| 2024-07-17 | Listed for sale | $1,399,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $21480.70 | 14.58% | $1,178,529 | 35.62% |
| 2022-08-14 | $18747.80 | -3.78% | $869,000 | N/A |
| 2021-08-14 | $19484.71 | N/A | $869,000 | 35.61% |
Listed by: Anne Marie Foster • United Real Estate DFW
Mls Name: NTREIS
Mls ID: #20666341
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.
