








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 Northlake at 2240 Lazy Dog Ln, Northlake, TX, 76247 listed at $475,000 pairs $2,460/mo rent with a $2,325/mo payment. Total monthly income runs $2,460/mo. Return on cash invested measures 9.76% in year one, and rental yield registers 6.21% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 50.78% and total cumulative return in cash totals $79,963. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,460/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
8,886 sqft lot
$N/A/sqft
$1,130 semi-annually HOA
Neighborhood data shown for ZIP Code: 76247, Justin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 9,700 (80.0%) |
| Renter Occupied HU | 1,582 (13.1%) |
| Vacant Housing Units | 839 ( 6.9%) |
| Median Home Value | $438,515 |
| Average Home Value | $491,845 |
Residential
10,759
Single Family
10,453
Multi-Family
306
Businesses
404
Date | Event | Price |
|---|---|---|
| 2025-07-03 | Listed for sale | $475,000 |
| 2025-06-24 | Listing removed | $487,000 |
| 2025-06-23 | Price change | $487,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-03 | $10592.56 | 5.00% | $486,954 | 0.15% |
| 2023-07-03 | $10088.23 | 627.66% | $486,226 | 559.50% |
| 2022-07-03 | $1386.40 | 289.24% | $73,726 | -34.74% |



Listed by: Billy Vaselo • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20984568
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