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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 306 Cactus View Dr, Springtown, TX, 76082 uses $91,163 cash to close to unlock $14,897/yr annual cash flow and $1,241/mo monthly cash flow. Total monthly income runs $3,197/mo, and a $1,346/mo payment keeps the spread at $1,241/mo. Purchase price stands at $275,000, and rental yield measures 13.95% with $3,197/mo rent. Return on cash invested shows 36.25% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 191.72% and total cumulative return in cash records $174,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,197/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Manufactured
Built in 2003
1 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 |
|---|---|---|
| 2024-08-08 | Listed for sale | $275,000 |
| 2024-05-20 | Sold | N/A |
| 2024-05-01 | Pending sale | $179,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $854.26 | -54.15% | $236,490 | 16.89% |
| 2022-08-14 | $1863.35 | 1.85% | $202,310 | N/A |
| 2021-08-14 | $1829.45 | 1.30% | $202,310 | 35.52% |
Listed by: Shan Barton • Sunet Group
Mls Name: NTREIS
Mls ID: #20688906
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.
