For this 3-bed, 2-bath, 2,615 sqft single-family home in Haslet, the estimated rent potential ranges from $2,100 to $2,300 per month. This is based on local rental comps for similar-sized homes and current average rents in the area. At an average of $2,200/month, annual gross revenue could reach $26.4K. With a valuation near $489K, the payback period (gross) would be roughly 18-20 years. Market conditions are shifting with rising inventory and longer days on market, so renters have more options and owners may see softer demand. The property’s spacious layout, large lot, and modern amenities are strong draws, but moderate school ratings and increasing competition could limit upside.
To boost rental value, consider modest upgrades—fresh paint, updated lighting, or adding smart home features go a long way in attracting quality tenants. If selling, staging and professional photography will help you stand out in a market with over 50 days on average for listings. For long-term hold, emphasize the lot size and flexible floorplan to reach families looking for space. Monitoring neighborhood trends will be key as more inventory hits the market.