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$293,000

NAL Estimated Property Value

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 EquityMove-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

City: Burleson

1005 Mitchell Lane | Property Details | No Agent List