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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% |
Rental property for sale in Flower Mound at 2300 Conroe Ct, Flower Mound, TX, 75028 generates $4,573/mo in rent and, after a $2,932/mo payment, leaves $254/mo in cash flow. Total monthly income is $4,573/mo, and annual cash flow is $3,045/yr on $197,071 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 9.16% on a $599,000 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,493 over five years. Five-year ROI reaches 113.26% and total cumulative return in cash sums $223,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,573/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.40 Acres lot
$N/A/sqft
$357 semi-annually 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 |
|---|---|---|
| 2025-05-21 | Listed for sale | $599,000 |
| 2016-08-09 | Sold | N/A |
| 2016-06-23 | Pending sale | $418,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-21 | $8098.42 | 1.98% | $640,456 | 7.25% |
| 2023-05-21 | $7941.35 | -25.07% | $597,136 | 4.76% |
| 2022-05-21 | $10598.27 | 10.31% | $570,001 | 15.50% |
Listed by: Tabetha Fite • Pioneer DFW Realty, LLC
Mls Name: NTREIS
Mls ID: #20943330
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.
