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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 Argyle at 216 Kate Ct, Argyle, TX, 76226 offers a 4.47% rental yield on a $1,725,000 purchase with $6,422/mo rent. 55% in year one. Equity gained on principal adds $11,131/yr while 5% annual appreciation supports $476,586 over five years. Portfolio math shows five-year ROI at 37.82% and total cumulative return in cash at $211,364. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $6,422/mo property income against a $8,443/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.78 Acres lot
$N/A/sqft
$1,500 annually HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-02-11 | Listed for sale | $1,725,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $12124.06 | 6.61% | $929,038 | 10.00% |
| 2023-02-13 | $11372.41 | -18.39% | $844,580 | 10.00% |
| 2022-02-13 | $13935.04 | 4.05% | $767,800 | 7.26% |
Listed by: Kim Honea • Signature Properties
Mls Name: NTREIS
Mls ID: #20837982
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.
