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$326,000

16720 Porterfield Ln, Justin, TX, 76247

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.74 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Tankless Water Heater
FlooringCarpet

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,489 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR985774
Lot Number16
SubdivisionLiberty Trails Phase 3
Land UseResidential
Legal DescriptionLIBERTY TRAILS PHASE 3 BLK 10A LOT 16
Census Tract020319
Assessed Land Value$65,863
Assessed Improvement Value$260,137
Assessment Year2025

About this property

Welcome to 16720 Porterfield Lane—where charm, convenience, and like-new condition come together in the heart of Justin! This 2022-built DR Horton home offers the perfect blend of modern design and cozy comfort, making it an ideal choice for first-time homeowners. With four spacious bedrooms and two full baths, this 1,836 sq. ft. beauty has been impeccably maintained by its single owner—meaning you get a pristine, move-in-ready home without the wait of new construction! Step inside and be greeted by luxury vinyl plank flooring that flows seamlessly throughout the common areas and primary bedroom, offering both style and durability. The open-concept kitchen, living, and dining spaces are designed for effortless entertaining, with stainless steel appliances, and plenty of cabinet storage for all your culinary needs. The primary suite is tucked away for privacy, featuring a spa-like en-suite bathroom and a large walk-in closet. Three additional bedrooms provide plenty of space for guests, a home office, or a hobby room! Outside, enjoy a spacious backyard with endless possibilities—gardening, grilling, or just soaking up the Texas sun. Nestled in a growing community with easy access to schools, shopping, and dining, this home is the perfect place to start your next chapter. Why wait? Come see it for yourself and fall in love!

Investor Tools

Property Icon
$326,000
Estimated Property Value
$273,988Estimated Mortgage Balance
$70,686Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,848
$326,000
2025
$65,863
$260,137
$326,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,848
$326,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$273,988
No
First
Sep 16, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,314
$70,686
21%
78%
$1,643/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,120/mo
$2,143/mo
+$977/mo
11.5%

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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16720 Porterfield Ln | Property Details | No Agent List