








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 Watauga at 7732 Prairie Dr, Watauga, TX, 76148 generates $3,638/mo in rent and, after a $1,640/mo payment, leaves $1,236/mo in cash flow. Total monthly income is $3,638/mo, and annual cash flow is $14,834/yr on $111,053 invested. Return on cash invested sits at 33.27% in year one, and rental yield is 13.03% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 175.79% and total cumulative return in cash sums $195,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,638/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
7,318 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76148, Fort Worth, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,026 (100%) |
| Owner Occupied HU | 6,370 (70.6%) |
| Renter Occupied HU | 2,444 (27.1%) |
| Vacant Housing Units | 212 ( 2.3%) |
| Median Home Value | $279,490 |
| Average Home Value | $350,876 |
Residential
8,430
Single Family
8,396
Multi-Family
34
Businesses
671
Date | Event | Price |
|---|---|---|
| 2024-08-14 | Listed for sale | $335,000 |
| 2022-08-11 | Sold | N/A |
| 2022-07-09 | Contingent | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $5791.83 | 11.10% | $324,766 | 17.65% |
| 2022-08-14 | $5213.05 | 3.20% | $276,033 | 21.32% |
| 2021-08-14 | $5051.39 | 8.45% | $227,530 | 16.51% |



Listed by: Reagan Clarkson • Keller Williams Heritage West
Mls Name: NTREIS
Mls ID: #20700510
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.