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$470,712

NAL Estimated Property Value

1020 Morningside Drive, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,670 sqft

Building Information

Year Built2016
Garage Spaces3

Land Information

APN126.3504.26220
Lot Number22
SubdivisionMountain Valley Lake Tr C Ph4
Land UseResidential
Legal DescriptionLOT 22 BLK 26 MOUNTAIN VALLEY LAKE TR C PH4
Census Tract130211
Assessed Land Value$30,000
Assessed Improvement Value$440,712
Assessment Year2025

About this property

Multiple offers received. Highest and best by 10 pm May 16th. Gorgeous Homes by Towne Marshall II plan is situated on an oversized lot backing to a park. Home features four bedrooms, 3 bathrooms, multiple living areas and an open floorplan. The kitchen opens to family room with a vaulted ceiling and is is centered around a wood burning fireplace. Kitchen has loads of cabinets, gorgeous stone work and granite and stainless steel appliances. Nicely sized study has French doors. Primary suite is spacious and features a barn door, dual bathroom sinks, soaking tub, step-in shower and walk-in closet. There are three bedrooms up with nice closet spaces, a gameroom and media room. This neighborhood offers many amenities for the active family including walking and bike trails, a community basketball court, fishing at the private lake, and covered playground. The backyard oasis features a pool, pergola and storage shed. Don't miss this great home.

Investor Tools

Property Icon
$470,712
Estimated Property Value
$333,656Estimated Mortgage Balance
$137,056Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,262
$470,712
2025
$30,000
$440,712
$470,712
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,262
$470,712

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$360,000
No
First
Jun 10, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,656
$137,056
29%
71%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$2,654/mo
$-144/mo
6.4%

City: Burleson

1020 Morningside Drive | Property Details | No Agent List