








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Joshua at 3001 Big Springs Dr, Joshua, TX, 76058 offers $3,095/mo rent that, after a $2,447/mo payment. Total monthly income is $3,095/mo. Return on cash invested measures 16.46% in year one, and rental yield stands at 7.43% at a $499,990 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,138 by year five. Five-year ROI records 85.59% and total cumulative return in cash reaches $141,869. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,095/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
0.83 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood data shown for ZIP Code: 76058, Joshua, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,412 (100%) |
| Owner Occupied HU | 6,030 (71.7%) |
| Renter Occupied HU | 1,868 (22.2%) |
| Vacant Housing Units | 514 ( 6.1%) |
| Median Home Value | $317,351 |
| Average Home Value | $364,850 |
Residential
7,893
Single Family
7,356
Multi-Family
537
Businesses
421
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Price change | $499,990 |
| 2025-01-25 | Listed for sale | $515,000 |
| 2025-01-21 | Listing removed | $517,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-11 | N/A | N/A | $506,928 | 9.46% |
| 2023-02-11 | N/A | N/A | $463,121 | 29.84% |
| 2022-02-11 | $71.90 | N/A | $356,699 | 10.00% |



Listed by: Stephen Kahn • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20823390
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.