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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 Itasca at 400 E Spurgeon St, Itasca, TX, 76055 offers a 1.68% rental yield on a $1,275,000 purchase with $1,789/mo rent. 77% in year one. Equity gained on principal adds $8,227/yr while 5% annual appreciation supports $352,259 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,789/mo property income against a $6,240/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.81 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76055, Itasca, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,230 (100%) |
| Owner Occupied HU | 809 (65.8%) |
| Renter Occupied HU | 250 (20.3%) |
| Vacant Housing Units | 171 (13.9%) |
| Median Home Value | $197,877 |
| Average Home Value | $264,509 |
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2025-08-23 | Listed for sale | $1,275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-24 | $3777.03 | 1.03% | $700,200 | 6.60% |
| 2023-08-24 | $3738.35 | 1.71% | $656,832 | 7.99% |
| 2022-08-24 | $3675.63 | 5.27% | $608,253 | 14.02% |
Listed by: Lacey Whitehouse • Julie Siddons REALTORS, LLC
Mls Name: NTREIS
Mls ID: #21028321
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.
