








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 Irving at 511 Cobblestone Ln, Irving, TX, 75039 priced at $500,000 converts $3,698/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,698/mo. Return on cash invested prints 18.05% in year one, and rental yield reads 8.88% against a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,141 by year five. Five-year ROI reaches 95.11% and total cumulative return in cash sums $157,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,698/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Townhouse
Built in 2020
1,742 sqft lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 75039, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,581 (100%) |
| Owner Occupied HU | 2,577 (15.5%) |
| Renter Occupied HU | 11,702 (70.6%) |
| Vacant Housing Units | 2,302 (13.9%) |
| Median Home Value | $572,425 |
| Average Home Value | $610,090 |
Residential
15,244
Single Family
2,781
Multi-Family
12,463
Businesses
782
Date | Event | Price |
|---|---|---|
| 2025-04-14 | Listed for sale | $500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-15 | $3869.73 | 8.82% | $446,190 | 13.86% |
| 2023-04-15 | $3556.04 | -2.94% | $391,860 | N/A |
| 2022-04-15 | $3663.87 | 2.77% | $391,860 | 6.44% |



Listed by: Howard Spence • Howard Spence
Mls Name: NTREIS
Mls ID: #20897348
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.