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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% |
Investment property for sale in Justin at 16420 Cowboy Trl, Justin, TX, 76247 offers a 11.58% rental yield on a $319,900 purchase with $3,088/mo rent. Total monthly income registers $3,088/mo, and a $1,566/mo payment leaves $783/mo available for distribution. Annual cash flow reaches $9,399/yr on $106,047 to close, and return on cash invested stands at 28.77% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 151.74% and total cumulative return in cash at $160,916. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,088/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
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 |
|---|---|---|
| 2024-12-10 | Price change | $319,900 |
| 2024-11-15 | Listed for sale | $329,900 |
| 2011-11-06 | Listing removed | $1,300 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-12-27 | $4101.31 | -1.52% | $314,092 | -3.49% |
| 2023-12-27 | $4164.59 | 5.98% | $325,438 | 23.58% |
| 2022-12-27 | $3929.44 | 14.65% | $263,342 | 17.18% |
Listed by: Miguel Perez • eXp Realty LLC
Mls Name: NTREIS
Mls ID: #20777926
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.
