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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% |
Rental property for sale in Tolar at 7703 Prairie Creek Ln, Tolar, TX, 76476 generates $2,640/mo in rent, after a $3,181/mo payment. Total monthly income is $2,640/mo. Return on cash invested sits at 8.94% in year one, and rental yield is 4.87% on a $650,000 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 45.21% and total cumulative return in cash sums $96,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.
Single Family
Built in 2022
2.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76476, Tolar, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 940 (69.4%) |
| Renter Occupied HU | 254 (18.7%) |
| Vacant Housing Units | 161 (11.9%) |
| Median Home Value | $330,435 |
| Average Home Value | $350,457 |
Residential
1,198
Single Family
1,197
Multi-Family
1
Businesses
89
Date | Event | Price |
|---|---|---|
| 2024-05-22 | Price change | $650,000 |
| 2024-03-18 | Price change | $700,000 |
| 2023-12-29 | Listed for sale | $750,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | N/A | N/A | $532,410 | 5.88% |
| 2023-10-23 | $5250.46 | 694.40% | $502,820 | 1086.74% |
| 2022-10-23 | $660.93 | -9.27% | $42,370 | -3.13% |
Listed by: Autumn Anderson • Keller Williams Brazos West
Mls Name: NTREIS
Mls ID: #20501329
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.
