








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 Joshua at 23 Magpie St, Joshua, TX, 76058 offers a 6.28% rental yield on a $445,888 purchase with $2,334/mo rent. 94% in year one. Equity gained on principal adds $2,877/yr while 5% annual appreciation supports $123,191 over five years. Portfolio math shows five-year ROI at 66.75% and total cumulative return in cash at $98,663. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,334/mo property income against a $2,182/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
7,801 sqft lot
$N/A/sqft
$264 annually HOA
Neighborhood data shown for ZIP Code: 76058, Joshua, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 6,030 (71.7%) |
| Renter Occupied HU | 1,868 (22.2%) |
| Vacant Housing Units | 514 ( 6.1%) |
| Median Home Value | $317,351 |
| Average Home Value | $364,850 |
Residential
7,893
Single Family
7,356
Multi-Family
537
Businesses
421
Date | Event | Price |
|---|---|---|
| 2024-11-12 | Price change | $445,888 |
| 2024-10-23 | Price change | $489,990 |
| 2024-09-30 | Price change | $498,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $56,800 | -20.00% |
| 2023-12-27 | $1580.25 | N/A | $71,000 | N/A |



Listed by: Marsha Ashlock • Visions Realty & Investments
Mls Name: NTREIS
Mls ID: #20641380
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.