1703 Creek View DrGlenn HeightsTX75154
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Glenn Heights at 1703 Creek View Dr, Glenn Heights, TX, 75154 offers a 9.18% rental yield on a $165,000 purchase with $1,262/mo rent. Total monthly income registers $1,262/mo, and a $808/mo payment leaves $63/mo available for distribution. Annual cash flow reaches $752/yr on $54,698 to close, and return on cash invested stands at 21.28% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 111.65% and total cumulative return in cash at $61,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,262/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
3,920 sqft lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,844 (100%) |
| Owner Occupied HU | 14,515 (77.0%) |
| Renter Occupied HU | 3,735 (19.8%) |
| Vacant Housing Units | 594 ( 3.2%) |
| Median Home Value | $347,833 |
| Average Home Value | $386,647 |
Housing Distribution
Address Breakdown
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-26 | Listed for sale | $165,000 |
| 2012-02-24 | Listing removed | $650 |
| 2012-01-10 | Listed for rent | $650 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-27 | $3045.94 | -1.60% | $140,800 | -0.72% |
| 2023-08-27 | $3095.60 | 22.39% | $141,820 | 38.50% |
| 2022-08-27 | $2529.34 | -9.97% | $102,400 | 1.12% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1983
- Architectural Style: N/A
- Building Area: N/A
- Living Area: 914 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Carpet, Luxury Vinyl Plank, Vinyl
- Interior Features: Granite Counters
- Exterior Features: N/A
- Parking Features: Parking Pad
Location
- City: Glenn Heights
- State: TX
- Subdivision: Gateway Place
- Lot Size: 3,920 sqft
- Lot Features: Interior Lot
- View: N/A
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Sewer Available, Water Available
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: Moates
- Middle School: Desoto West
- High School: Desoto
Listed by: Pam Smith • LPT Realty, LLC.
Mls Name: NTREIS
Mls ID: #21043038
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.