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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 Northlake at 1709 Heron Way, Northlake, TX, 76226 with 5% annual appreciation on a $390,000 basis while $3,301/mo rent supports operations. Total monthly income totals $3,301/mo and a $1,909/mo payment preserves $375/mo for cash returns. Annual cash flow comes to $4,497/yr on $129,285 deployed, and return on cash invested reaches 23.39% in year one. Equity gained on principal adds $2,517/yr, and five-year appreciation sums $107,750 alongside rental yield of 10.16%. Five-year ROI measures 123.22% and total cumulative return in cash totals $159,308.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,301/mo property income versus a $1,909/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
5,662 sqft lot
$N/A/sqft
$550 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 |
|---|---|---|
| 2025-04-01 | Listed for sale | $390,000 |
| 2021-01-29 | Sold | N/A |
| 2020-12-26 | Pending sale | $305,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $7205.45 | 6.15% | $402,000 | -1.23% |
| 2023-04-02 | $6788.24 | -25.07% | $407,000 | 18.84% |
| 2022-04-02 | $9060.03 | 21.91% | $342,473 | 20.61% |
Listed by: Joshua Waters • Fathom Realty LLC
Mls Name: NTREIS
Mls ID: #20889162
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.
