








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 1716 Carolina Ridge Way, Justin, TX, 76247 earns $532/mo cash flow from $2,687/mo rent with a $1,463/mo payment. Total monthly income totals $2,687/mo, and annual cash flow totals $6,378/yr on $99,119 capital. ROI tracks 26.34% on current figures, and rental yield reads 10.78% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 138.69% and total cumulative return in cash sums $137,470. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,687/mo property income instead of your personal income.
Single Family
Built in 2005
5,662 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 |
|---|---|---|
| 2025-08-19 | Listed for sale | $299,000 |
| 2025-08-18 | Listing removed | $309,000 |
| 2025-07-22 | Listed for sale | $309,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-19 | $3734.50 | -1.07% | $286,000 | -3.05% |
| 2023-08-19 | $3775.07 | -4.53% | $295,000 | 11.32% |
| 2022-08-19 | $3954.18 | 23.46% | $265,000 | 23.42% |



Listed by: Autumn Scott • Scottco Realty Group LLC
Mls Name: NTREIS
Mls ID: #21035398
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.