








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 Southlake at 704 Kleberg Ct, Southlake, TX, 76092 generates $4,496/mo in rent, after a $5,869/mo payment. Total monthly income is $4,496/mo. Return on cash invested sits at 7.62% in year one, and rental yield is 4.5% on a $1,199,000 entry. Equity gained on principal adds $7,737/yr, while 5% annual appreciation builds toward $331,262 over five years. Five-year ROI reaches 38.18% and total cumulative return in cash sums $148,305. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,496/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.50 Acres lot
$N/A/sqft
$1,168 annually 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 |
|---|---|---|
| 2025-03-31 | Listed for sale | $1,199,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $10632.48 | -1.59% | $991,589 | 3.03% |
| 2023-03-31 | $10804.69 | -20.40% | $962,443 | 42.74% |
| 2022-03-31 | $13573.16 | -4.92% | $674,244 | N/A |



Listed by: Anne Marie Foster • United Real Estate DFW
Mls Name: NTREIS
Mls ID: #20861351
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.