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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 Little Elm at 512 Turnstone Dr, Little Elm, TX, 75068 offers $2,864/mo rent that, after a $1,950/mo payment. Total monthly income is $2,864/mo. Return on cash invested measures 19.43% in year one, and rental yield stands at 8.63% at a $398,400 entry. Equity gained on principal adds $2,571/yr while 5% annual appreciation compounds into $110,071 by year five. Five-year ROI records 101.73% and total cumulative return in cash reaches $134,357. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,864/mo property income versus a $1,950/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
5,488 sqft lot
$N/A/sqft
$84 monthly HOA
Neighborhood data shown for ZIP Code: 75068, Little Elm, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,344 (100%) |
| Owner Occupied HU | 19,896 (70.2%) |
| Renter Occupied HU | 7,131 (25.2%) |
| Vacant Housing Units | 1,317 ( 4.6%) |
| Median Home Value | $446,062 |
| Average Home Value | $489,072 |
Residential
25,689
Single Family
23,486
Multi-Family
2,203
Businesses
723
Date | Event | Price |
|---|---|---|
| 2025-05-16 | Listing removed | $410,000 |
| 2025-02-07 | Listed for sale | $410,000 |
| 2025-02-01 | Listing removed | $410,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | $3112.35 | 9.15% | $179,246 | 10.00% |
| 2023-07-01 | $2851.46 | -63.54% | $162,951 | -50.40% |
| 2022-07-01 | $7820.89 | 17.10% | $328,520 | 21.97% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
