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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 Irving at 705 Murl Dr, Irving, TX, 75062 listed at $485,000 pairs $2,813/mo rent with a $2,374/mo payment. Total monthly income runs $2,813/mo. Return on cash invested measures 15.16% in year one, and rental yield registers 6.96% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 78.58% and total cumulative return in cash totals $126,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,813/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1969
10,846 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75062, Irving, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,358 (100%) |
| Owner Occupied HU | 7,630 (44.0%) |
| Renter Occupied HU | 8,916 (51.4%) |
| Vacant Housing Units | 812 ( 4.7%) |
| Median Home Value | $290,436 |
| Average Home Value | $374,303 |
Residential
18,373
Single Family
10,301
Multi-Family
8,072
Businesses
1,890
Date | Event | Price |
|---|---|---|
| 2024-09-17 | Price change | $485,000 |
| 2024-08-03 | Listed for sale | $498,900 |
| 2020-02-28 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-14 | $3438.43 | 6.76% | $393,510 | 8.59% |
| 2022-10-14 | $3220.65 | 6.20% | $362,390 | 15.73% |
| 2021-10-14 | $3032.59 | 4.92% | $313,140 | N/A |
Listed by: Katelyn Lawrence • Chateau Realty
Mls Name: NTREIS
Mls ID: #20688572
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.
