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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 Euless at 513 Augustine Dr, Euless, TX, 76039 priced at $290,000 converts $2,708/mo rent into $646/mo cash flow after a $1,419/mo obligation. Total monthly income equals $2,708/mo, and annual cash flow totals $7,754/yr on $96,135 invested. Return on cash invested prints 27.97% in year one, and rental yield reads 11.21% against a $290,000 entry. Equity gained on principal adds $1,871/yr, while 5% annual appreciation compiles into $80,122 by year five. Five-year ROI reaches 147.33% and total cumulative return in cash sums $141,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,708/mo property income covering a $1,419/mo payment, not borrower’s personal income.
Single Family
Built in 1981
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76039, Euless, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,085 (100%) |
| Owner Occupied HU | 6,901 (38.2%) |
| Renter Occupied HU | 10,272 (56.8%) |
| Vacant Housing Units | 912 ( 5.0%) |
| Median Home Value | $402,162 |
| Average Home Value | $461,114 |
Residential
17,724
Single Family
8,530
Multi-Family
9,194
Businesses
737
Date | Event | Price |
|---|---|---|
| 2025-05-08 | Listed for sale | $290,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-08 | $2347.95 | -10.33% | $252,745 | -7.46% |
| 2023-05-08 | $2618.36 | N/A | $273,124 | 20.43% |
| 2022-05-08 | N/A | N/A | $226,790 | 11.38% |
Listed by: Joseph Martinez • Kenneth Jones Real Estate
Mls Name: NTREIS
Mls ID: #20929050
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.
