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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 4505 Shagbark Dr, Argyle, TX, 76226 priced at $438,900 converts $3,385/mo rent into $229/mo cash flow after a $2,148/mo obligation. Total monthly income equals $3,385/mo, and annual cash flow totals $2,742/yr on $145,495 invested. Return on cash invested prints 21.79% in year one, and rental yield reads 9.25% against a $438,900 entry. Equity gained on principal adds $2,832/yr, while 5% annual appreciation compiles into $121,260 by year five. Five-year ROI reaches 114.26% and total cumulative return in cash sums $166,249. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,385/mo property income covering a $2,148/mo payment, not borrower’s personal income.
Single Family
Built in 2010
6,011 sqft lot
$N/A/sqft
$300 annually 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 |
|---|---|---|
| 2025-02-27 | Listed for sale | $438,900 |
| 2024-12-03 | Listing removed | $465,000 |
| 2024-11-13 | Price change | $465,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-27 | $7412.73 | 16.53% | $424,150 | 9.36% |
| 2023-02-27 | $6361.43 | -10.07% | $387,855 | 10.00% |
| 2022-02-27 | $7073.90 | 6.24% | $352,595 | 10.00% |
Listed by: Catherine Cardneaux • EXP REALTY
Mls Name: NTREIS
Mls ID: #20854105
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.
