








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 Flower Mound at 228 Spring Hill Rd, Flower Mound, TX, 75028 priced at $539,995 converts $3,360/mo rent into after a $2,643/mo obligation. Total monthly income equals $3,360/mo. Return on cash invested prints 14.49% in year one, and rental yield reads 7.47% against a $539,995 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation compiles into $149,191 by year five. Five-year ROI reaches 75.83% and total cumulative return in cash sums $134,713. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $2,643/mo payment, not borrower’s personal income.
Townhouse
Built in 2022
2,395 sqft lot
$N/A/sqft
$345 monthly HOA
Neighborhood data shown for ZIP Code: 75028, Flower Mound, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,090 (100%) |
| Owner Occupied HU | 13,744 (76.0%) |
| Renter Occupied HU | 3,868 (21.4%) |
| Vacant Housing Units | 478 ( 2.6%) |
| Median Home Value | $534,344 |
| Average Home Value | $587,676 |
Residential
18,143
Single Family
15,492
Multi-Family
2,651
Businesses
1,107
Date | Event | Price |
|---|---|---|
| 2025-09-12 | Listed for sale | $539,995 |
| 2025-09-01 | Listing removed | $554,000 |
| 2025-07-23 | Price change | $554,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-14 | $2583.66 | -2.86% | $535,718 | 0.94% |
| 2023-10-14 | $2659.78 | N/A | $530,716 | 847.71% |
| 2022-10-14 | N/A | N/A | $56,000 | N/A |



Listed by: Russell Rhodes • Berkshire HathawayHS PenFed TX
Mls Name: NTREIS
Mls ID: #21058738
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.