








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Justin at 16408 Cowboy Trl, Justin, TX, 76247 listed at $285,000 pairs $2,460/mo rent with a $1,395/mo payment to leave $404/mo cash flow. Total monthly income runs $2,460/mo, and annual cash flow reaches $4,843/yr on $94,478 cash to close. Return on cash invested measures 25.04% in year one, and rental yield registers 10.36% at a $285,000 basis. Equity gained on principal adds $1,839/yr, and annual property appreciation at 5% supports $78,740 by year five. Five-year ROI tracks 131.68% and total cumulative return in cash totals $124,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,460/mo property income relative to a $1,395/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
5,227 sqft lot
$N/A/sqft
$89 quarterly 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 |
|---|---|---|
| 2024-12-11 | Price change | $285,000 |
| 2024-12-06 | Price change | $295,000 |
| 2024-11-08 | Price change | $297,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $2622.48 | -31.74% | $287,170 | -4.34% |
| 2023-12-27 | $3841.77 | 34.49% | $300,212 | 32.64% |
| 2022-12-27 | $2856.65 | 1.90% | $226,343 | 10.00% |



Listed by: Jon Smedley • Keller Williams Realty
Mls Name: NTREIS
Mls ID: #20753881
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.