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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 Hewitt at 503 Glenleigh Dr, Hewitt, TX, 76643 offers a 11.5% rental yield on a $250,000 purchase with $2,396/mo rent. Total monthly income registers $2,396/mo, and a $1,224/mo payment leaves $570/mo available for distribution. Annual cash flow reaches $6,839/yr on $82,875 to close, and return on cash invested stands at 28.16% in year one. Equity gained on principal adds $1,613/yr while 5% annual appreciation supports $69,070 over five years. Portfolio math shows five-year ROI at 148.54% and total cumulative return in cash at $123,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,396/mo property income against a $1,224/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
10,323 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76643, Hewitt, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,247 (100%) |
| Owner Occupied HU | 4,500 (72.0%) |
| Renter Occupied HU | 1,579 (25.3%) |
| Vacant Housing Units | 168 ( 2.7%) |
| Median Home Value | $289,685 |
| Average Home Value | $306,717 |
Residential
6,299
Single Family
5,743
Multi-Family
556
Businesses
518
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Listed for sale | $250,000 |
| 2024-05-09 | Listing removed | N/A |
| 2024-05-03 | Listed for rent | $1,750 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $4726.09 | 4.35% | $245,160 | 5.24% |
| 2023-05-08 | $4529.13 | -0.85% | $232,950 | 11.18% |
| 2022-05-08 | $4567.81 | 44.29% | $209,520 | 50.84% |
Listed by: Krista Tucker • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20909864
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.
