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$484,000

1048 Scarlet Oak Dr, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.05 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size7,597 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN126.2708.35050
Lot Number5
SubdivisionOak Valley Estates Ph 21
Land UseResidential
Legal DescriptionLOT 5 BLK 35 OAK VALLEY ESTATES PH 21
Census Tract130220
Assessed Land Value$80,000
Assessed Improvement Value$403,986
Assessment Year2025

About this property

Rarely do you find a pre-owned home in immaculate condition, but this is it! Conveniently located minutes from the freeway in sought-after Burleson ISD. Close to shopping and entertainment. This well-cared-for home has numerous upgrades including additional stonework to eliminate siding and an expanded garage to accommodate more storage or larger vehicles. Ideal floorplan providing joint living and dining areas without wasting space. Forth bedroom, bath, and game room are the only rooms located upstairs. Luxury vinyl plank flooring runs through the common living spaces adding the elegance and simplicity of continuous flooring. Eat-in kitchen with oversized island. Built-in cabinets and bar for the kitchen nook dining area. Tons of windows and natural light. Covered patio and POOL, only 2 years old. Still enough green grass to play. A new roof was installed 6 months ago. Move in ready without the need to do a single thing...

Investor Tools

Property Icon
$484,000
Estimated Property Value
$479,349Estimated Mortgage Balance
$13,811Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,128/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,118
$483,986
2025
$80,000
$403,986
$483,986
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,118
$483,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$479,349
Yes
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$470,189
$13,811
2%
97%
$2,874/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$3,024/mo
$-514/mo
6.2%

Learn About the Market: Opportunity in Texas

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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.

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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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1048 Scarlet Oak Dr | Property Details | No Agent List