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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 633 Spaulding St, Justin, TX, 76247 with 5% annual appreciation on a $320,000 basis while $2,759/mo rent supports operations. Total monthly income totals $2,759/mo and a $1,566/mo payment preserves $341/mo for cash returns. Annual cash flow comes to $4,098/yr on $106,080 deployed, and return on cash invested reaches 23.77% in year one. Equity gained on principal adds $2,065/yr, and five-year appreciation sums $88,410 alongside rental yield of 10.35%. Five-year ROI measures 125.38% and total cumulative return in cash totals $132,999.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,759/mo property income versus a $1,566/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
5,488 sqft lot
$N/A/sqft
$500 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 |
|---|---|---|
| 2025-04-01 | Listed for sale | $320,000 |
| 2024-10-05 | Listing removed | $330,000 |
| 2024-09-30 | Listed for sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-01 | $6518.48 | 815.68% | $298,565 | 804.74% |
| 2023-04-01 | $711.87 | N/A | $33,000 | N/A |
Listed by: Nick Van Der Gaast • Century 21 Mike Bowman, Inc.
Mls Name: NTREIS
Mls ID: #20883272
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.
