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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 1321 Castlegar Ln, Justin, TX, 76247 offers $4,717/mo rent that, after a $1,835/mo payment, leaves $2,012/mo cash flow. Total monthly income is $4,717/mo, and annual cash flow is $24,139/yr on $124,313 cash. Return on cash invested measures 39.33% in year one, and rental yield stands at 15.09% at a $375,000 entry. Equity gained on principal adds $2,420/yr while 5% annual appreciation compounds into $103,606 by year five. Five-year ROI records 208.33% and total cumulative return in cash reaches $258,975. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,717/mo property income versus a $1,835/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
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 |
|---|---|---|
| 2024-08-15 | Listed for sale | $375,000 |
| 2017-12-28 | Sold | N/A |
| 2017-12-18 | Pending sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-31 | $3122.70 | -21.05% | $329,954 | 10.00% |
| 2022-08-31 | $3955.08 | 3.43% | $299,958 | 10.00% |
| 2021-08-31 | $3824.09 | 2.97% | $272,689 | 4.89% |
Listed by: Angela Hodge • Compass RE Texas, LLC
Mls Name: NTREIS
Mls ID: #20687897
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.
