








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 Azle at 188 Creekwood Ranch Rd, Azle, TX, 76020 generates $2,744/mo in rent, after a $2,447/mo payment. Total monthly income is $2,744/mo. Return on cash invested sits at 13.97% in year one, and rental yield is 6.59% on a $499,999 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 72.26% and total cumulative return in cash sums $119,767. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,744/mo property income rather than buyer’s personal income.
Single Family
Built in 2010
1.09 Acres lot
$N/A/sqft
$100 annually HOA
Neighborhood data shown for ZIP Code: 76020, Azle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,879 (100%) |
| Owner Occupied HU | 10,695 (71.9%) |
| Renter Occupied HU | 3,057 (20.5%) |
| Vacant Housing Units | 1,127 ( 7.6%) |
| Median Home Value | $389,632 |
| Average Home Value | $421,923 |
Residential
14,293
Single Family
13,691
Multi-Family
602
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-07-31 | Listed for sale | $499,999 |
| 2013-07-15 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-01 | $2577.04 | 1.95% | $433,230 | N/A |
| 2023-08-01 | $2527.77 | 35.43% | $433,230 | 48.53% |
| 2022-08-01 | $1866.45 | -2.55% | $291,680 | N/A |



Listed by: Tammy Rokus • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #21016365
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.