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$261,000

NAL Estimated Property Value

1029 Matthew Street, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,430 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.87 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal
FlooringCeramic Tile, Laminate

Building Information

Year Built1993
Garage Spaces2

Land Information

APN126.2647.16045
Lot Number10
Land UseResidential
Legal DescriptionLOT 10 BLK 38 THE GARDENS
Census Tract130221
Assessed Land Value$35,000
Assessed Improvement Value$157,965
Assessment Year2025

About this property

Home in BISD with tons of potential to be the perfect investment or family home! Large kitchen with a great dining area accompanied by an abundance of natural lighting from beautiful bay windows. The spacious living area is just off of the kitchen has wooden plantation shutters on windows and immediate access to the backyard. Master suite with an ensuite master bathroom that has a dual sink vanity, built-in cabinetry, and an enclosed water closet. Two secondary bedrooms each with great closet space and a designated adjacent full bathroom. Wood and tile flooring throughout. Backyard has a covered patio with added decking and is perfect for adding your outdoor living furniture for entertaining family and guests. The previous in ground pool on the property offers potential for a remodel and beautiful addition to this spacious home.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$156,698Estimated Mortgage Balance
$104,302Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,658
$192,965
2025
$35,000
$157,965
$192,965
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,658
$192,965

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paj Enterprises Llc
Purchase Money Mortgage
$170,000
No
First
Mar 29, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,698
$104,302
39%
60%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,020/mo
+$1,000/mo
9.3%

City: Burleson

1029 Matthew Street | Property Details | No Agent List