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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% |
Rental property for sale in Spring at 18813 Luminescent Ln, Spring, TX, 77379 generates $2,252/mo in rent and, after a $1,223/mo payment, leaves $395/mo in cash flow. Total monthly income is $2,252/mo, and annual cash flow is $4,741/yr on $82,842 invested. Return on cash invested sits at 25.63% in year one, and rental yield is 10.81% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 135.21% and total cumulative return in cash sums $112,010. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,252/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
1,409 sqft lot
$N/A/sqft
$825 annually HOA
Neighborhood data shown for ZIP Code: 77379, Spring, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 33,204 (100%) |
| Owner Occupied HU | 22,558 (67.9%) |
| Renter Occupied HU | 8,869 (26.7%) |
| Vacant Housing Units | 1,777 ( 5.4%) |
| Median Home Value | $356,303 |
| Average Home Value | $400,335 |
Residential
31,197
Single Family
25,921
Multi-Family
5,276
Businesses
1,837
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $249,900 |
| 2025-01-22 | Listing removed | $244,900 |
| 2024-02-01 | Listed for sale | $244,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $4283.68 | -0.37% | $235,839 | -4.04% |
| 2023-02-13 | $4299.77 | 166.97% | $245,762 | 197.51% |
| 2022-02-13 | $1610.58 | N/A | $82,606 | 126.80% |
Listed by: Salvador Burgueno • Texas International Realty
Mls Name: HAR
Mls Provider:
Mls ID: #86218864
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