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$236,167

NAL Estimated Property Value

1008 S Preston Rd, Burkburnett, TX, 76354

$271,269 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,928 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.7 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesAwning(s), Other
Lot Size10,350 sqft

Building Information

Year Built1976
Roof Type134
Garage Spaces2

Land Information

APN5J01 004 00
Lot Number4
SubdivisionMimosa Heights Sec B-5
Land UseResidential
Legal DescriptionLOT 4 BLK 23 MIMOSA HGTS SEC B-5
Census Tract013503
Assessed Land Value$19,500
Assessed Improvement Value$216,667
Assessment Year2025

About this property

Very well maintained 3 bedroom, 2 bathroom home. Has an additional room (watch your step, has a step down) great for study or office, art or craft room, play room, etc. Newer fence around entire property similar to container walls. Instant hot water on the sink faucets in both baths. Fully landscaped front and back with sprinkler system. Back yard boasts covered patio, slab with electric good for spa or secondary outdoor living which is next to air conditioned workshop with electric and insulated. The living room has a gas log fireplace and is a large room with open dining, great for family gatherings or parties. And for those of you that love gas ranges, this home has gas hookups behind electric range. Laundry has a inset within the garage. Time to make this your home.

Investor Tools

Property Icon
$236,167
Estimated Property Value
$213,329Estimated Mortgage Balance
$22,838Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$271,268
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,417 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,619
$236,167
2025
$19,500
$216,667
$236,167
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,619
$236,167

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fifth Third Bank Na
Fha
$220,924
Yes
First
Jun 18, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,329
$22,838
9%
90%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,280/mo
$1,325/mo
$-45/mo
6.5%

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.

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: Burkburnett

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1008 S Preston Rd | Property Details | No Agent List