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$599,000

15715 Bonanza Dr, Justin, TX, 76247

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,194 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$273.02 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size1.38 acres

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR156285
Lot Number34
SubdivisionPropwash Addn
Land UseResidential
Legal DescriptionPROPWASH ADDN BLK F LOT 34
Census Tract020319
Assessed Land Value$279,450
Assessed Improvement Value$485,981
Assessment Year2025

About this property

Big Price Reduction!!! Very Desirable runway location!!! Don't miss your opportunity to live with your airplanes, cars, or big boy toys in this 2,194 sq ft 3 bedroom, 2 bath home in the highly desired Propwash airport community located very close to DFW. Detached 40 x 62 airplane hangar with a 39 ft wide by 11 ft tall sliding aircraft door. Hangar also has a restroom and an attached 17 x 39 workshop garage with 2 vehicle doors that are 12 foot wide by 9 foot tall. Great location on the Southwest side of the runway with an oversized 1.377 acre runway lot. House and hangar are mostly original and can use some updating and the price reflects this.

Investor Tools

Property Icon
$765,431
Estimated Property Value
$467,500Estimated Mortgage Balance
$311,120Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,593 /month
Positive
Cash Flow Estimate:
$1,531 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,124
$765,431
2025
$279,450
$485,981
$765,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,124
$765,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Inc
Conventional
$467,500
No
First
Oct 30, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,311
$311,120
40%
59%
$2,803/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$3,203/mo
$-813/mo
3.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Justin

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