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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 Double Oak at 240 Double Oaks Dr, Double Oak, TX, 75077 with 5% annual appreciation on a $690,000 basis while $2,914/mo rent supports operations. 53% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,634 alongside rental yield of 5.07%. Five-year ROI measures 48.37% and total cumulative return in cash totals $109,796. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,914/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1982
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75077, Lewisville, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,465 (100%) |
| Owner Occupied HU | 11,790 (76.2%) |
| Renter Occupied HU | 3,210 (20.8%) |
| Vacant Housing Units | 465 ( 3.0%) |
| Median Home Value | $464,627 |
| Average Home Value | $538,179 |
Residential
15,326
Single Family
12,884
Multi-Family
2,442
Businesses
586
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $690,000 |
| 2024-08-27 | Listing removed | $689,900 |
| 2024-08-12 | Price change | $689,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-13 | $7366.16 | 7.26% | $573,089 | 7.06% |
| 2023-03-13 | $6867.38 | -8.86% | $535,299 | 10.00% |
| 2022-03-13 | $7535.30 | 1.07% | $486,635 | 10.00% |
Listed by: Kristin Vivian • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20869402
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.
