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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 Northlake at 2365 Norma Ln, Northlake, TX, 76247 with 5% annual appreciation on a $535,000 basis while $3,088/mo rent supports operations. 03% in year one. Equity gained on principal adds $3,452/yr, and five-year appreciation sums $147,811 alongside rental yield of 6.93%. Five-year ROI measures 57.93% and total cumulative return in cash totals $101,968. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,088/mo property income versus a $2,619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
4,530 sqft lot
$N/A/sqft
$1,560 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 |
|---|---|---|
| 2025-01-09 | Listed for sale | $535,000 |
| 2023-12-16 | Listing removed | N/A |
| 2023-12-06 | Price change | $3,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $13052.70 | 1062.75% | $529,356 | 1012.86% |
| 2023-02-13 | $1122.57 | 25.50% | $47,567 | N/A |
| 2022-02-13 | $894.48 | 151.13% | $47,567 | 20.00% |
Listed by: Auria Alejandra Gutierrez Inzunza • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20813387
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.
