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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 Springtown at 200 Laurie Ln, Springtown, TX, 76082 priced at $625,000 converts $3,433/mo rent into after a $3,059/mo obligation. Total monthly income equals $3,433/mo. Return on cash invested prints 14.16% in year one, and rental yield reads 6.59% against a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation compiles into $172,676 by year five. Five-year ROI reaches 73.19% and total cumulative return in cash sums $150,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,433/mo property income covering a $3,059/mo payment, not borrower’s personal income.
Single Family
Built in 1976
9 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 |
|---|---|---|
| 2025-05-01 | Price change | $625,000 |
| 2025-02-21 | Price change | $628,900 |
| 2025-01-16 | Listed for sale | $629,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $2175.11 | 2.55% | $292,080 | N/A |
| 2023-07-01 | $2121.02 | -32.49% | $292,080 | 44.62% |
| 2022-07-01 | $3141.92 | 0.53% | $201,960 | N/A |
Listed by: Kelli Boyd • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #20818304
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.
