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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 3015 Louie Ln, Springtown, TX, 76082 offers a 10.23% rental yield on a $450,000 purchase with $3,838/mo rent. Total monthly income registers $3,838/mo, and a $2,203/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,650/yr on $149,175 to close, and return on cash invested stands at 25.04% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 131.55% and total cumulative return in cash at $196,242. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,838/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
1.62 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 |
|---|---|---|
| 2025-02-10 | Price change | $450,000 |
| 2025-01-20 | Price change | $458,000 |
| 2025-01-14 | Price change | $474,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Piper Pardue • Williams Trew Real Estate
Mls Name: NTREIS
Mls ID: #20821485
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.
