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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 Springtown at 186 Garnet Rd, Springtown, TX, 76082 with 5% annual appreciation on a $239,900 basis while $1,687/mo rent supports operations. 63% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 8.44%. Five-year ROI measures 102.57% and total cumulative return in cash totals $81,571. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,687/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,102 (100%) |
| Owner Occupied HU | 7,143 (78.5%) |
| Renter Occupied HU | 1,423 (15.6%) |
| Vacant Housing Units | 536 ( 5.9%) |
| Median Home Value | $347,703 |
| Average Home Value | $447,119 |
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-01-07 | Listed for sale | $239,900 |
| 2019-10-15 | Listing removed | $130,000 |
| 2019-10-03 | Pending sale | $130,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $2565.81 | 0.59% | $165,500 | N/A |
| 2023-02-13 | $2550.80 | 21.37% | $165,500 | 40.41% |
| 2022-02-13 | $2101.70 | -0.93% | $117,870 | N/A |
Listed by: Crystal O'Neill • Flatrock Real Estate LLC
Mls Name: NTREIS
Mls ID: #20811525
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.
