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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 Watauga at 7021 Thomas Pl, Watauga, TX, 76148 offers a 14.68% rental yield on a $279,900 purchase with $3,425/mo rent. Total monthly income registers $3,425/mo, and a $1,370/mo payment leaves $1,348/mo available for distribution. Annual cash flow reaches $16,173/yr on $92,787 to close, and return on cash invested stands at 37.34% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 197.93% and total cumulative return in cash at $183,649. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,425/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
8,624 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 |
|---|---|---|
| 2024-08-01 | Listed for sale | $279,900 |
| 2020-03-04 | Listing removed | $1,675 |
| 2020-02-18 | Listed for rent | $1,675 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-15 | $5686.18 | 39.18% | $250,000 | 48.61% |
| 2022-08-15 | $4085.51 | -2.93% | $168,225 | N/A |
| 2021-08-15 | $4209.00 | -1.86% | $168,225 | N/A |
Listed by: Bridgette Murphey • Atlas Real Estate of TX, LLC
Mls Name: NTREIS
Mls ID: #20684865
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.
