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Days54Days on Market
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$320,000

16705 Porterfield Lane, Justin, TX, 76247

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,554 Sq Ft
price_per_sqft$205.92 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave
FlooringVinyl

Exterior

Lot Size5,489 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR986019
Lot Number5
SubdivisionLiberty Trails Phase 3
Land UseResidential
Legal DescriptionLIBERTY TRAILS PHASE 3 BLK 10A LOT 5
Census Tract020319
Assessed Land Value$65,863
Assessed Improvement Value$237,585
Assessment Year2025

About this property

Set on a welcoming street in Justin, this home offers a functional and comfortable layout, perfect for everyday living. Step inside to an open concept living area where the kitchen seamlessly connects to the dining and living spaces, creating an ideal environment for entertaining or simply staying connected. The kitchen features ample cabinet storage and a generous island, ready for meal preparation. The primary suite provides a private retreat, complete with an en-suite bathroom and walk-in closet, offering a peaceful space to unwind. Two additional bedrooms offer flexibility for family, guests, or a home office. A dedicated laundry room adds convenience to the home's practical design. Outside, the backyard offers space for outdoor enjoyment. Located in Justin, this home provides convenient access to local amenities and is situated within a pleasant community. Schedule your private showing to explore the potential of this well-arranged home.

Investor Tools

$239,974Estimated Mortgage Balance
$72,026Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Cisco Gonzalez

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,383
$303,448
2025
$65,863
$237,585
$303,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,383
$303,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$257,988
No
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,974
$72,026
23%
77%
$1,547/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,390/mo
$2,047/mo
+$343/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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