








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 Southlake at 724 Overland Trl, Southlake, TX, 76092 earns $2,698/mo cash flow from $7,740/mo rent with a $3,470/mo payment. Total monthly income totals $7,740/mo, and annual cash flow totals $32,381/yr on $233,261 capital. ROI tracks 33.94% on current figures, and rental yield reads 13.1% at a $709,000 purchase. Equity gained on principal adds $4,575/yr, and 5% annual appreciation supports $195,884 over five years. Five-year ROI reaches 179.28% and total cumulative return in cash sums $418,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $7,740/mo property income instead of your personal income.
Single Family
Built in 1974
0.55 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2024-08-07 | Price change | $709,000 |
| 2024-07-10 | Price change | $719,000 |
| 2024-06-28 | Listed for sale | $745,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $8665.47 | 31.22% | $454,244 | 52.12% |
| 2022-08-14 | $6603.56 | -2.48% | $298,601 | -5.91% |
| 2021-08-14 | $6771.22 | -10.97% | $317,343 | -7.94% |



Listed by: Rachael Wang • Redfin Corporation
Mls Name: NTREIS
Mls ID: #20653864
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.