4940 E JUSTICA Street, Cave Creek, AZ 85331

$655,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,762 Lot Size (sq. ft.): 6,302 Status: Active
Current Price: $655,000 List Date: 10/17/2025 Last Modified: 3/23/2026

Overview

Description

Investor Special: Prime Flip Opportunity in Tatum Ranch Golf Community - Best Value in the Area This standout home in highly sought-after Tatum Ranch delivers exceptional bones and prime positioning for a profitable flip. Priced as the best current value in the neighborhood, it offers immediate equity upside in a community where golf course properties command strong demand and higher after-repair values (median sales hovering ~$750K with premium views pushing comps even higher). With strong underlying fundamentals--location in a stable golf-oriented neighborhood, light-filled layout, valuable views, and room for targeted updates (cosmetics, flooring, lighting, minor kitchen/bath refreshes)--this property checks every box for a smart flip. Low-hanging fruit renovations

Supplements: can unlock substantial profit potential in a market where well-presented homes move quickly to end buyers or the next investor. Don't miss this rare chance to acquire a high-potential flip in Tatum Ranch at an attractive entry point. Perfect for investors seeking quick turnaround with solid ROI in Phoenix's evolving 2026 market. WOW!! $237.15psf

Listing Details MLS# 6924336

Location, Tax & Legal

House Number
4940
Compass
E
Street Name
JUSTICA
St Suffix
Street
City/Town Code
Cave Creek
State/Province
AZ
Zip Code
85331
Zip4
2922
County Code
Maricopa
Assessor Number
211-41-430
Subdivision
TATUM RANCH - TATUM GREENS
Tax Year
2024
Assessor's Map #
41
Legal Description (Abbrev)
LOT 11 TATUM RANCH PARCEL 24B MCR 038633
Assessor's Parcel #
430
Tax Municipality
Phoenix
Taxes
2264

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
5
Full Bathrooms
3
Total Bathrooms
3
Approx SQFT
2762
Price/SqFt
237.15
Horses
N
Builder Name
Golden Heritage
Year Built
1999
Approx Lot SqFt
6302
Approx Lot Acres
0.145
Flood Zone
No
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Planned Comm Name
TATUM GREENS
Marketing Name
TATUM RANCH PARCEL 24B
Elementary School District
Cave Creek Unified District
High School District
Cave Creek Unified District
Elementary School
Desert Willow Elementary School
Jr. High School
Sonoran Trails Middle School
High School
Cactus Shadows High School
Half Bathrooms
0

Remarks Misc

Cross Street
Dixileta & Tatum
Directions
Cross Street: Dixileta & Tatum Directions: Dixileta & Tatum Directions: E of Tatum on Dixileta to Desert Willow Pkwy, N to Justica (Tatum Greens Gated Entry) Straight in Property is on the right.

Legal Info

Township
5N
Range
4E
Section
20
Lot Number
11

Association Fees

Association Fee 2
98

More Information

Basement

Basement Y/N
N

Items Updated

Floor Yr Updated
2017
Floor Partial/Full
Partial
Ht/Cool Yr Updated
2022
Ht/Cool Partial/Full
Partial
Bath(s) Yr Updated
2021
Bath(s) Partial/Full
Full

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

Contact Info

List Agent Home Phn
602-369-0844
List Agent Cell Phn2
602-369-0844

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
600
HOA Fee
105
HOA Paid Frequency
Monthly
HOA Name
Tatum Greens
HOA Telephone
(602) 437-4777
HOA Management Company
City Property Mgt
Special Assessment HOA
No
HOA 2 Y/N
Y
HOA 2 Transfer Fee
100
HOA Paid Frequency 2
Quarterly
HOA 2 Name
Tatum Ranch
HOA 2 Telephone
(480) 473-1763
Special Assessment HOA 2
No
HOA 3 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
%
Cap Improvement/Impact Fee 2
0.15
Cap Improvement/Impact Fee 2 $/%
%
Prepaid Association Fees HOA
210
Prepaid Association Fees HOA 2
98
Disclosure Fees HOA
400
Disclosure Fees HOA 2
300
Other Fees HOA
100
Other Fees Description
New Owner Set Up Fee
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Rec Center Fee 2 Y/N
N
Ttl Mthly Fee Equiv
137.67

Lockbox Type

Supra
Yes

Architecture

Territorial/Santa Fe
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Separate Shwr & Tub
Yes
Double Vanity
Yes
Private Toilet Room
Yes

Master Bedroom

Upstairs
Yes

Additional Bedroom

Other Bedroom Downstairs
Yes
Master Bedroom Walk-in Closet
Yes

Add'l Property Use

None
Yes

Fireplace Features

Gas Fireplace
Yes

Flooring

Stone
Yes
Tile
Yes
Wood
Yes

Window Features

Solar Screens
Yes

Community Features

Biking/Walking Path
Yes
Gated
Yes
Golf
Yes

Dining Area

Formal
Yes
Eat-in Kitchen
Yes
Dining in LR/GR
Yes
Dining in FR
Yes

Heating

Electric
Yes

View

Mountain(s)
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Gas Oven
Yes
Gas Range
Yes
Kitchen Island
Yes
Refrigerator
Yes
Gas Cooktop
Yes
Granite Counters
Yes

Cooling

Central Air
Yes

Interior Features

Vaulted Ceiling(s)
Yes
Water Softener Owned
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Other Rooms

Family Room
Yes
Great Room
Yes

Separate Den/Office

Sep Den/Office Y/N
Y

Accessibility Feat.

Zero-Grade Entry
Yes

Technology

Cable TV Avail
Yes
High Speed Internet
Yes

Fencing

Block
Yes
Wrought Iron
Yes

Water Source

City Water
Yes

Exterior Features

Balcony
Yes
Playground
Yes
Covered Patio(s)
Yes
Patio
Yes

Spa

None
Yes

Sewer

Sewer-In & Connected
Yes

Parking Features

Separate Strge Area
Yes
Garage Door Opener
Yes

New Financing

Cash
Yes
Conventional
Yes

Plumbing

Gas Hot Water Heater
Yes

Utilities

APS
Yes
SW Gas
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

Golf Course Lot
Yes
North/South Exposure
Yes
Borders Common Area
Yes

Landscaping

Desert Front
Yes
Desert Back
Yes
Synthetic Grass Back
Yes
Yrd Wtring Sys Front
Yes
Yrd Wtring Sys Back
Yes
Auto Timer H2O Front
Yes
Auto Timer H2O Back
Yes
Irrigation Front
Yes
Irrigation Back
Yes

Services

City Services
Yes

Disclosures

Other (See Remarks)
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Common Area Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Rental OK (See Rmks)
Yes

Property Features

Special Listing Cond: N/A Add'l Property Use: None Architecture: Territorial/Santa Fe View: Mountain(s) Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity; Private Toilet Room Master Bedroom: Upstairs Additional Bedroom: Other Bedroom Downstairs; Master Bedroom Walk-in Closet Fireplace Features: Gas Fireplace Flooring: Stone; Tile; Wood Window Features: Solar Screens Spa: None Community Features: Biking/Walking Path; Gated; Golf Dining Area: Formal; Eat-in Kitchen; Dining in LR/GR; Dining in FR Kitchen Features: Gas Oven; Gas Range; Gas Cooktop; Disposal; Dishwasher; Refrigerator; Granite Counters; Kitchen Island Laundry: Washer Included; Dryer Included Other Rooms: Family Room; Great Room Interior Features: Vaulted Ceiling(s); Water Softener Owned Technology: Cable TV Avail; High Speed Internet Exterior Features: Balcony; Playground; Covered Patio(s); Patio Parking Features: Garage Door Opener; Separate Strge Area Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile Cooling: Central Air Heating: Electric Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer-In & Connected Services: City Services Fencing: Wrought Iron; Block Property Description: Golf Course Lot; North/South Exposure; Borders Common Area Landscaping: Desert Front; Desert Back; Synthetic Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back; Auto Timer H2O Front; Auto Timer H2O Back; Irrigation Front; Irrigation Back Showing Notification Methods: Text; Phone Call Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Common Area Maint Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Other (See Remarks)
Listing Office: HomeSmart
IDX
Last Updated: March - 23 - 2026
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