








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 Azle at 713 Madeline Ct, Azle, TX, 76020 uses $95,804 cash to close to unlock $3,328/yr annual cash flow and $277/mo monthly cash flow. Total monthly income runs $2,462/mo, and a $1,415/mo payment keeps the spread at $277/mo. Purchase price stands at $289,000, and rental yield measures 10.22% with $2,462/mo rent. Return on cash invested shows 23.38% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 123.29% and total cumulative return in cash records $118,118. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,462/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 2004
7,535 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76020, Azle, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,879 (100%) |
| Owner Occupied HU | 10,695 (71.9%) |
| Renter Occupied HU | 3,057 (20.5%) |
| Vacant Housing Units | 1,127 ( 7.6%) |
| Median Home Value | $389,632 |
| Average Home Value | $421,923 |
Residential
14,293
Single Family
13,691
Multi-Family
602
Businesses
598
Date | Event | Price |
|---|---|---|
| 2025-06-14 | Listed for sale | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-14 | $6345.17 | 1.66% | $285,694 | -2.88% |
| 2023-06-14 | $6241.27 | 8.85% | $294,157 | 25.14% |
| 2022-06-14 | $5734.01 | 9.98% | $235,056 | 11.86% |



Listed by: Tom Harms • Momentum Real Estate Group,LLC
Mls Name: NTREIS
Mls ID: #20969027
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