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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 Springtown at 2993 Knob Rd, Springtown, TX, 76082 with 5% annual appreciation on a $530,000 basis while $3,544/mo rent supports operations. 51% in year one. Equity gained on principal adds $3,420/yr, and five-year appreciation sums $146,429 alongside rental yield of 8.02%. Five-year ROI measures 96.56% and total cumulative return in cash totals $168,367. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,544/mo property income versus a $2,594/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2013
2.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76082, Springtown, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,102 (100%) |
| Owner Occupied HU | 7,143 (78.5%) |
| Renter Occupied HU | 1,423 (15.6%) |
| Vacant Housing Units | 536 ( 5.9%) |
| Median Home Value | $347,703 |
| Average Home Value | $447,119 |
Residential
9,245
Single Family
9,186
Multi-Family
59
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-02-07 | Price change | $530,000 |
| 2024-11-23 | Price change | $535,000 |
| 2024-11-15 | Listed for sale | $550,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $5864.24 | 12.66% | $489,830 | N/A |
| 2023-02-13 | $5205.44 | -13.60% | $489,830 | 34.71% |
| 2022-02-13 | $6024.59 | 0.91% | $363,630 | N/A |
Listed by: Stacy Fritchen • BHHS Premier Properties
Mls Name: NTREIS
Mls ID: #20775175
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.
