








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 Lancaster at 2803 Amber Waves Ln, Lancaster, TX, 75134 listed at $300,000 pairs $2,491/mo rent with a $1,468/mo payment to leave $191/mo cash flow. Total monthly income runs $2,491/mo, and annual cash flow reaches $2,295/yr on $99,450 cash to close. Return on cash invested measures 22.22% in year one, and rental yield registers 9.96% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 117.18% and total cumulative return in cash totals $116,532. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,491/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
9,016 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75134, Lancaster, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,830 (100%) |
| Owner Occupied HU | 4,566 (58.3%) |
| Renter Occupied HU | 2,789 (35.6%) |
| Vacant Housing Units | 475 ( 6.1%) |
| Median Home Value | $275,768 |
| Average Home Value | $313,462 |
Residential
7,055
Single Family
6,308
Multi-Family
747
Businesses
266
Date | Event | Price |
|---|---|---|
| 2025-07-17 | Listed for sale | $300,000 |
| 2025-07-16 | Listing removed | $1,995 |
| 2025-07-04 | Price change | $1,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-18 | $6981.29 | -3.84% | $283,550 | -1.93% |
| 2023-07-18 | $7259.91 | 1.83% | $289,130 | 11.51% |
| 2022-07-18 | $7129.36 | 27.58% | $259,290 | 32.52% |



Listed by: Barry Saling • Keller Williams Fort Worth
Mls Name: NTREIS
Mls ID: #21004232
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