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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 Azle at 7338 Briar Rd, Azle, TX, 76020 listed at $1,500,000 pairs $3,191/mo rent with a $7,342/mo payment. Total monthly income runs $3,191/mo. Return on cash invested measures 1.91% in year one, and rental yield registers 2.55% at a $1,500,000 basis. Equity gained on principal adds $9,679/yr, and annual property appreciation at 5% supports $414,422 by year five. Five-year ROI tracks 7.46% and total cumulative return in cash totals $36,263. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,191/mo property income relative to a $7,342/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1998
4.80 Acres 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 |
|---|---|---|
| 2024-09-30 | Listed for sale | $1,500,000 |
| 2024-09-20 | Listing removed | $1,500,000 |
| 2024-07-19 | Price change | $1,500,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | N/A | N/A | $769,411 | 12.10% |
| 2023-12-27 | $2300.72 | N/A | $686,367 | 20.52% |
| 2022-12-27 | N/A | N/A | $569,512 | 29.79% |
Listed by: Robby Carson • Helen Painter Group, REALTORS
Mls Name: NTREIS
Mls ID: #20403221
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.
