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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% |
Rental property for sale in Argyle at 3712 Water Mill Way, Argyle, TX, 76226 generates $4,759/mo in rent, after a $3,426/mo payment. Total monthly income is $4,759/mo. Return on cash invested sits at 16.62% in year one, and rental yield is 8.16% on a $699,999 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation builds toward $193,397 over five years. Five-year ROI reaches 87.22% and total cumulative return in cash sums $200,871. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,759/mo property income rather than buyer’s personal income.
Single Family
Built in 2019
6,011 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-04-10 | Listed for sale | $699,999 |
| 2024-10-29 | Listing removed | $729,989 |
| 2024-10-12 | Price change | $729,989 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-11 | $14161.86 | 0.72% | $610,891 | -4.96% |
| 2023-04-11 | $14061.31 | -1.29% | $642,805 | 21.16% |
| 2022-04-11 | $14245.02 | 11.11% | $530,546 | 13.10% |
Listed by: Gina Mullen • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20900385
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.
