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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 1312 Castlegar Ln, Justin, TX, 76247 generates $2,636/mo in rent and, after a $1,566/mo payment, leaves $321/mo in cash flow. Total monthly income is $2,636/mo, and annual cash flow is $3,858/yr on $106,080 invested. Return on cash invested sits at 23.55% in year one, and rental yield is 9.88% on a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 123.74% and total cumulative return in cash sums $131,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,636/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
6,011 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 |
|---|---|---|
| 2025-06-28 | Listed for sale | $320,000 |
| 2021-03-24 | Listing removed | N/A |
| 2015-12-24 | Listing removed | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-29 | $2570.35 | 17.12% | $283,177 | 10.00% |
| 2023-06-29 | $2194.67 | -26.14% | $257,434 | 10.00% |
| 2022-06-29 | $2971.36 | 2.11% | $234,031 | 10.00% |
Listed by: Cassie Messer • 221 Realty Advisors
Mls Name: NTREIS
Mls ID: #20984473
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.
