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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 Argyle at 6604 Elderberry Way, Argyle, TX, 76226 offers a 6.35% rental yield on a $899,000 purchase with $4,759/mo rent. 45% in year one. Equity gained on principal adds $5,801/yr while 5% annual appreciation supports $248,377 over five years. Portfolio math shows five-year ROI at 64.37% and total cumulative return in cash at $190,390. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,759/mo property income against a $4,400/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
10,410 sqft lot
$N/A/sqft
$727 quarterly HOA
Neighborhood data shown for ZIP Code: 76226, Argyle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,414 (100%) |
| Owner Occupied HU | 15,448 (88.7%) |
| Renter Occupied HU | 1,291 ( 7.4%) |
| Vacant Housing Units | 675 ( 3.9%) |
| Median Home Value | $615,556 |
| Average Home Value | $679,325 |
Residential
16,345
Single Family
16,345
Multi-Family
0
Businesses
916
Date | Event | Price |
|---|---|---|
| 2025-04-22 | Listed for sale | $899,000 |
| 2020-08-03 | Sold | N/A |
| 2020-07-16 | Pending sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $12627.41 | 11.99% | $768,000 | 6.40% |
| 2023-04-22 | $11275.81 | -9.17% | $721,808 | 10.00% |
| 2022-04-22 | $12413.98 | 2.11% | $656,189 | 10.00% |
Listed by: Erin Arnold • Real Broker, LLC
Mls Name: NTREIS
Mls ID: #20905083
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.
