








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 Watauga at 6540 Meadowlark Ln E, Watauga, TX, 76148 offers a 10.39% rental yield on a $283,000 purchase with $2,450/mo rent. Total monthly income registers $2,450/mo, and a $1,385/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,252/yr on $93,815 to close, and return on cash invested stands at 25.51% in year one. Equity gained on principal adds $1,826/yr while 5% annual appreciation supports $78,188 over five years. Portfolio math shows five-year ROI at 134.08% and total cumulative return in cash at $125,787. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,450/mo property income against a $1,385/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76148, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,026 (100%) |
| Owner Occupied HU | 6,370 (70.6%) |
| Renter Occupied HU | 2,444 (27.1%) |
| Vacant Housing Units | 212 ( 2.3%) |
| Median Home Value | $279,490 |
| Average Home Value | $350,876 |
Residential
8,430
Single Family
8,396
Multi-Family
34
Businesses
671
Date | Event | Price |
|---|---|---|
| 2025-09-11 | Listed for sale | $283,000 |
| 2025-09-01 | Listing removed | $274,900 |
| 2025-08-21 | Contingent | $274,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-11 | $4181.12 | -1.49% | $225,000 | -9.74% |
| 2023-09-11 | $4244.21 | -13.91% | $249,284 | 22.46% |
| 2022-09-11 | $4929.88 | 10.06% | $203,571 | 9.86% |



Listed by: Dennisha Denney • 3D Real Estate Team - RE/MAX F
Mls Name: NTREIS
Mls ID: #21057647
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.