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24
Values stable at $396K, Rent $2,695
Updated 2 days ago • 1 new comp
Your Investment Paths
Turnkey Rental
The property at 3513 San Lucas Lane shows solid potential for rental income. Market data indicates an estimated monthly rent ranging between $2,416 and $2,623, offering a strong, consistent yield for an investor in Denton. With similar homes in the area consistently renting within this bracket, this property is well-positioned to attract quality tenants. The current market rates support a reliable income stream, making this a promising opportunity for your portfolio.
More about this home
Neighborhood Assessment
This Denton neighborhood shows solid fundamentals with established residential appeal. The area features proximity to Pecan Creek Elementary (0.6 mi away) and developed infrastructure, making it attractive for families. Nearby rental comps range from $1.9K–$3.5K, indicating moderate rental demand. The property's 2,611 sqft with 4 beds/2 baths positions it competitively. However, the neighborhood faces headwinds: heat risk scores severe (7/10), and valuations have softened—down ~3% year-over-year from $367K to ~$356K. This reflects broader market cooling in the North Texas rental sector.
Market Activity
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Rental Income
$30K
Yield
1021.4%
Year 1 Estimates
Fix-and-Flip
Modernizing your home creates a fresh, inviting atmosphere that resonates with buyers. With an updated price per square foot of $150.81 compared to the $145.29 baseline, these improvements help your property capture significant market attention. Choosing to upgrade boosts your potential sale range up to $413,000 and strengthens rental appeal. While the value shift is modest at 0.14%, modern finishes provide a competitive edge, ensuring your home stands out beautifully.
Value Add
$544
Post Typical Renovation
Buy-Rehab-Rent
This property shows solid potential with a post-renovation value estimated between $373,000 and $413,000. While the flip margin appears tight, the asset profile aligns well with neighborhood standards, providing a stable foundation for long-term equity growth. The projected rental income of $2,695 monthly delivers a respectable 8.2% yield. This performance makes the property a viable candidate for a buy-and-hold strategy, balancing consistent cash flow with moderate appreciation potential in an established market.
Rental Income
$32K
Yield
8.2%
Year 1 Estimates, Post Typical Renovation
Estimated value
$3K
$408.9K below comp median
Comparative Market Analysis
$355K – $455K
~43 days to sell
Based on 8 comps
3513 San Lucas Ln, Denton Investment Report: Flip & Rental Analysis · Frontflip