








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 Flower Mound at 253 McConathy Way, Flower Mound, TX, 75028 listed at $525,000 pairs $3,730/mo rent with a $2,570/mo payment. Total monthly income runs $3,730/mo. Return on cash invested measures 17.26% in year one, and rental yield registers 8.53% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 90.86% and total cumulative return in cash totals $156,945. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,730/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2022
2,382 sqft lot
$N/A/sqft
$399 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 |
|---|---|---|
| 2025-07-02 | Listed for sale | $525,000 |
| 2022-12-23 | Sold | N/A |
| 2022-05-21 | Contingent | $575,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-02 | $2052.07 | -14.58% | $504,000 | -3.25% |
| 2023-07-02 | $2402.32 | N/A | $520,945 | 830.26% |
| 2022-07-02 | N/A | N/A | $56,000 | N/A |



Listed by: Christy Arnold • Keller Williams Realty-FM
Mls Name: NTREIS
Mls ID: #20979361
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.