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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 2243 Knightsgate Rd, Argyle, TX, 76226 offers a 11.42% rental yield on a $500,000 purchase with $4,759/mo rent. Total monthly income registers $4,759/mo, and a $2,447/mo payment leaves $1,134/mo available for distribution. Annual cash flow reaches $13,609/yr on $165,750 to close, and return on cash invested stands at 28.12% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 148.28% and total cumulative return in cash at $245,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,759/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
8,494 sqft lot
$N/A/sqft
$700 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 |
|---|---|---|
| 2025-05-23 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-24 | $8437.16 | 41.05% | $466,430 | 32.80% |
| 2023-05-24 | $5981.82 | N/A | $351,236 | N/A |
Listed by: Nicholas Bennett • MAGNOLIA REALTY
Mls Name: NTREIS
Mls ID: #20931662
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.
