








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 Springtown at 344 Red Bird Dr, Springtown, TX, 76082 priced at $710,000 converts $4,214/mo rent into after a $3,475/mo obligation. Total monthly income equals $4,214/mo. Return on cash invested prints 15.77% in year one, and rental yield reads 7.12% against a $710,000 entry. Equity gained on principal adds $4,582/yr, while 5% annual appreciation compiles into $196,160 by year five. Five-year ROI reaches 81.85% and total cumulative return in cash sums $191,195. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,214/mo property income covering a $3,475/mo payment, not borrower’s personal income.
Single Family
Built in 2020
1.07 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 |
|---|---|---|
| 2025-02-08 | Listed for sale | $710,000 |
| 2022-08-29 | Sold | N/A |
| 2022-07-07 | Pending sale | $578,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | $8131.92 | -0.39% | $600,920 | N/A |
| 2023-02-13 | $8163.59 | 20.14% | $600,920 | 44.48% |
| 2022-02-13 | $6795.12 | 18.67% | $415,930 | 30.73% |



Listed by: Robin Sherwood • Pioneer DFW Realty, LLC
Mls Name: NTREIS
Mls ID: #20833281
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.