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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 Argyle at 1701 Homestead Way, Argyle, TX, 76226 listed at $615,000 pairs $3,600/mo rent with a $3,010/mo payment. Total monthly income runs $3,600/mo. Return on cash invested measures 14.29% in year one, and rental yield registers 7.02% at a $615,000 basis. Equity gained on principal adds $3,969/yr, and annual property appreciation at 5% supports $169,913 by year five. Five-year ROI tracks 74.31% and total cumulative return in cash totals $150,353. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,600/mo property income relative to a $3,010/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
6,316 sqft lot
$N/A/sqft
$1,200 semi-annually 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 |
|---|---|---|
| 2025-01-22 | Listed for sale | $615,000 |
| 2024-11-18 | Listing removed | $625,000 |
| 2024-11-11 | Listed for sale | $625,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5577.52 | 7.96% | $380,517 | 0.16% |
| 2023-02-13 | $5166.43 | -11.63% | $379,892 | 16.67% |
| 2022-02-13 | $5846.19 | 430.60% | $325,607 | 442.31% |
Listed by: Ben Caballero • Highland Homes Realty
Mls Name: NTREIS
Mls ID: #20823574
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.
