








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 Pipe Creek at 744 East Rio Azule, Pipe Creek, TX, 78063 priced at $737,500 converts $3,593/mo rent into after a $3,610/mo obligation. Total monthly income equals $3,593/mo. Return on cash invested prints 11.58% in year one, and rental yield reads 5.85% against a $737,500 entry. Equity gained on principal adds $4,759/yr, while 5% annual appreciation compiles into $203,758 by year five. Five-year ROI reaches 59.49% and total cumulative return in cash sums $144,341. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,593/mo property income covering a $3,610/mo payment, not borrower’s personal income.
Single Family
Built in 2022
4.27 Acres lot
$N/A/sqft
$752 annually HOA
Neighborhood data shown for ZIP Code: 78063, Pipe Creek, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,140 (100%) |
| Owner Occupied HU | 3,617 (70.4%) |
| Renter Occupied HU | 497 ( 9.7%) |
| Vacant Housing Units | 1,026 (20.0%) |
| Median Home Value | $287,675 |
| Average Home Value | $360,341 |
Residential
4,012
Single Family
2,678
Multi-Family
1,334
Businesses
250
Date | Event | Price |
|---|---|---|
| 2025-06-19 | Listed for sale | $737,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-19 | $7665.34 | -8.23% | $644,760 | -0.77% |
| 2023-06-19 | $8353.08 | N/A | $649,780 | N/A |



Listed by: Bizzy Darling • Coldwell Banker D'Ann Harper
Mls Name: SABOR
Mls Provider:
Mls ID: #1874791
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.