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$694,900

1015 Summit Dr, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,596 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.68 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesTrash Compactor, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Refrigerator, Washer
FlooringCarpet, Slate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Entrance, Private Yard, RV Hookup, Storage
Lot Size2.26 acres

Building Information

Year Built1989
Garage Spaces6

Land Information

APN126.0721.00431
Land UseResidential
Legal DescriptionABST 721 TR 6B L RUSSELL
Census Tract130405
Assessed Land Value$160,389
Assessed Improvement Value$443,907
Assessment Year2025

About this property

Welcome to 1015 Summit, a custom home on over 2.3 acres that allows you to live, play, and work in the country! Located at the end of a cul-de-sac with a front security gate, the home is a wonderful retreat from the hustle and bustle of the city and suburbs. The entry is flanked by a beautiful wood-paneled office on one side and a formal dining space on the other. Walking into the living room, you are greeted by a stately fireplace and a wall of windows with great vistas of the patio, pool, yard, and shop beyond. The kitchen features custom wood cabinetry, granite counters, stainless appliances including a double oven and trash compactor, and an eat-in breakfast nook. The primary suite is expansive with a tray ceiling, slate flooring, a door to the patio, and a large ensuite bath. Three secondary bedrooms and two full baths are conveniently situated for privacy. Notably, all wood floors were just refinished and the office and bedroom carpet is brand new! Enjoy the covered patio and fully fenced pool area on those hot days. And can you believe this property also has a 4-car bay workshop with industrial lighting, floor to ceiling metal shelving, and a hydraulic car lift?! The shop has its own electric panel with multiple 220 plugs, a finished office space with air conditioner, a private restroom, wash sink, additional loft storage, separate lawn equipment and tool storage area, and has all capabilities for an RV hookup. And there’s even an industrial rolling ladder to help you access all of those high areas. This property has it all - cozy home, space to move, and a workshop ready for business or hobbies!

Investor Tools

Property Icon
$663,000
Estimated Property Value
$641,250Estimated Mortgage Balance
$31,129Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,169 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,133/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,286
$604,296
2025
$160,389
$443,907
$604,296
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,286
$604,296

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Conventional
$641,250
No
First
Jul 9, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$631,871
$31,129
4%
95%
$3,845/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$3,845/mo
$-1,335/mo
4.5%

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: Burleson

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1015 Summit Dr | Property Details | No Agent List