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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 Southlake at 615 Brewer Rd, Southlake, TX, 76092 projects strong ROI of 31.66%.
With 5% annual appreciation, the property builds $980,523 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 166.98%, translating into $1,920,030 in total cumulative return on $1,149,876 invested capital.
You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2001
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76092, Southlake, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,160 (100%) |
| Owner Occupied HU | 9,321 (91.7%) |
| Renter Occupied HU | 652 ( 6.4%) |
| Vacant Housing Units | 187 ( 1.8%) |
| Median Home Value | $829,989 |
| Average Home Value | $956,145 |
Residential
10,137
Single Family
9,918
Multi-Family
219
Businesses
2,742
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Listing removed | N/A |
| 2024-06-13 | Price change | $3,549,000 |
| 2024-06-02 | Price change | $3,595,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $37019.31 | 110.84% | $1,940,551 | 144.42% |
| 2022-08-14 | $17557.82 | 0.65% | $793,933 | N/A |
| 2021-08-14 | $17444.92 | -2.92% | $793,933 | N/A |
No similar rental properties found nearby.
Listed by: Lesli Akers • Keller Williams Lake Travis
Mls Name: NTREIS
Mls ID: #20568387
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.
