








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Glenn Heights at 1715 Creek View Dr, Glenn Heights, TX, 75154 priced at $175,000 converts $1,688/mo rent into $443/mo cash flow after a $857/mo obligation. Total monthly income equals $1,688/mo, and annual cash flow totals $5,313/yr on $58,013 invested. Return on cash invested prints 29.07% in year one, and rental yield reads 11.57% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 153.19% and total cumulative return in cash sums $88,867. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,688/mo property income covering a $857/mo payment, not borrower’s personal income.
Single Family
Built in 1983
3,998 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75154, Red Oak, TX area.
| 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 |
Residential
18,969
Single Family
17,381
Multi-Family
1,588
Businesses
1,012
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $175,000 |
| 2025-05-20 | Listing removed | $175,000 |
| 2025-05-01 | Pending sale | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $2908.79 | -2.52% | $134,460 | -1.64% |
| 2023-05-30 | $2983.86 | 28.51% | $136,700 | 45.43% |
| 2022-05-30 | $2321.86 | -10.96% | $94,000 | N/A |



Listed by: Pam Smith • LPT Realty, LLC.
Mls Name: NTREIS
Mls ID: #20885381
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.