Holbrook Farm
Springtown, TX
BTR Turn-Key Investment
10 units available
Peak your interest?
Brand-new properties developed, constructed, financed, and managed for you.
Download our Overview DeckInvestment Overview
Holbrook Farm
Holbrook Farm in Springtown, TX, is a 113-home subdivision of single-family detached homes about 40 minutes northwest of Fort Worth. We built 30 homes in several floor plans, all of which include covered front porches, interior laundry rooms, and fenced backyards. The neighborhood is very close to all three Springtown schools, across the street from the high school football stadium, and is predominantly owner-occupied.
- Project Type
-
- C/O Project
- Selling as soon as April 2024
- Location
-
- Springtown, Texas (DFW Area)
- Market Highlights
-
- One of fastest-growing cities in U.S.
- Limited supply of single-family resident homes available
- Rental rates continue to climb
- Continued growth in job opportunities
- Headquarters to many Fortune 500 companies, such as: Lockheed Martin, GM, Alcon, Burlington Northern
- Multiple professional sports teams
- Financial Highlights
-
- Purchase prices between $288k - $313k
- Selling for 5%-10% below market value
- Rents between $2,045-$2,285/mo
- Estimated Cash Flows between $89-$151+/i mo (pending down payment)
- Fantastic Cap Rate of 5.34-5.54%
Site Plans.
1619 SQ FT Plan
Avg. Purchase Price/Unit $288,000
- Market Value
- $305,000
- Monthly Cashflow
- $89
- Year 1 Cap Rate
- 5.34
1,717 SQ FT Plan
Avg. Purchase Price/Unit $294,500
- Market Value
- $314,500
- Monthly Cashflow
- $89
- Year 1 Cap Rate
- 5.34
1,879 SQ FT Plan
Avg. Purchase Price/Unit $313,000
- Market Value
- $334,900
- Monthly Cashflow
- $151
- Year 1 Cap Rate
- 5.54
Redefining Real Estate Investments with Single Family Rentals
With over 20 years of experience, The Peak Group is a leading real estate company specializing in single-family rentals. We firmly believe that single-family rentals present exceptional income and wealth generation opportunities.
Download the Overview to learn more