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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 Spring at 29703 Legends Ranch Ct, Spring, TX, 77386 offers a 9.21% rental yield on a $385,000 purchase with $2,954/mo rent. 7% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,368 over five years. Portfolio math shows five-year ROI at 103.74% and total cumulative return in cash at $132,394. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,954/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
6,472 sqft lot
$N/A/sqft
$990 annually HOA
Neighborhood data shown for ZIP Code: 77386, Spring, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 24,626 (100%) |
| Owner Occupied HU | 18,540 (75.3%) |
| Renter Occupied HU | 4,987 (20.3%) |
| Vacant Housing Units | 1,099 ( 4.5%) |
| Median Home Value | $383,165 |
| Average Home Value | $437,179 |
Residential
24,337
Single Family
22,086
Multi-Family
2,251
Businesses
851
Date | Event | Price |
|---|---|---|
| 2025-01-31 | Listed for sale | $385,000 |
| 2022-09-22 | Listing removed | N/A |
| 2022-08-11 | Pending sale | $368,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $372,189 | -2.50% |
| 2023-02-13 | $8267.57 | N/A | $381,750 | 7.15% |
| 2022-02-13 | N/A | N/A | $356,290 | 29.83% |
Listed by: Sandra Ghanem Hourani • REALM Real Estate Professionals - North Houston
Mls Name: HAR
Mls Provider:
Mls ID: #33916701
Disclaimer: Copyright 2025, Houston REALTORS Information Service, Inc. The information provided is exclusively for consumers 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.
