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$375,000

1005 Mitchell Lane, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,261 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Building Information

Year Built1986
Garage Spaces1

Land Information

APN126.2647.18005
Lot Number2R
Land UseResidential
Legal DescriptionLOT 2R1 BLK 40 THE GARDENS
Census Tract130221
Assessed Land Value$35,000
Assessed Improvement Value$169,798
Assessment Year2025

About this property

2 units under one roof! Each unit has 3 full bedrooms, 2 baths and one car garage. Both units have a covered patio area and separate fenced in yard overlooking the Chisholm Trail ballpark. 1005 AC unit inside and out has been replaced in 2021. 1007 both bathrooms were remolded down to the studs. Newer concrete board, tubs, mirrors, vanities, toilets and more! Ceiling fans, light fixtures, and blinds have also been replaced. Newer Fence replaced in 2021. Fresh paint throughout. Close to walking trails, ball park, schools and Bailey Lake. No backyard neighbors.

Investor Tools

Property Icon
$293,000
Estimated Property Value
$0Estimated Mortgage Balance
$293,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$514/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,705
$204,798
2025
$35,000
$169,798
$204,798
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,705
$204,798

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$293,000
100%
0%
$0/mo

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.

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: Burleson

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1005 Mitchell Lane | Property Details | No Agent List