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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 Justin at 1245 Castlegar Ln, Justin, TX, 76247 offers $2,873/mo rent that, after a $1,713/mo payment, leaves $345/mo cash flow. Total monthly income is $2,873/mo, and annual cash flow is $4,140/yr on $116,025 cash. Return on cash invested measures 23.48% in year one, and rental yield stands at 9.85% at a $350,000 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,699 by year five. Five-year ROI records 123.33% and total cumulative return in cash reaches $143,090. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,873/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
6,708 sqft lot
$N/A/sqft
$235 semi-annually HOA
Neighborhood data shown for ZIP Code: 76247, Justin, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,121 (100%) |
| Owner Occupied HU | 9,700 (80.0%) |
| Renter Occupied HU | 1,582 (13.1%) |
| Vacant Housing Units | 839 ( 6.9%) |
| Median Home Value | $438,515 |
| Average Home Value | $491,845 |
Residential
10,759
Single Family
10,453
Multi-Family
306
Businesses
404
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Listed for sale | $350,000 |
| 2020-07-24 | Sold | N/A |
| 2020-07-08 | Pending sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $3221.41 | 0.25% | $333,038 | -1.19% |
| 2023-04-30 | $3213.35 | -29.72% | $337,038 | 10.00% |
| 2022-04-30 | $4571.90 | 25.39% | $306,398 | 28.15% |
Listed by: Ashley Hamm • RE/MAX Trinity
Mls Name: NTREIS
Mls ID: #20919432
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.
