$260,000
NAL Estimated Property Value112 SE Newton Drive, Burleson, TX, 76028
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Gas Cooktop, Plumbed For Ice Maker
FlooringLaminate, Wood
Exterior
Exterior FeaturesRain Gutters, Storage
Building Information
Year Built1958
Garage Spaces2
Land Information
APN126.2757.00385
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 6 TARRANT ADDN
Census Tract130222
Assessed Land Value$35,000
Assessed Improvement Value$219,514
Assessment Year2025
About this property
CUTE 3 BD 2 BA home with wood floors throughout most of the home! Large dining area looking out onto the backyard! Large kitchen with an island! Includes a 20 x 18 workshop with electric and a workbench, plus a separate storage building! Also has a 2 car garage! Home is in good condition and ready for a new owner! The flood certificate shows the base flood elevation to be 4 inches below the floor level of the house. WILL require flood insurance. Approx $81 per month or $1000 per year
Investor Tools
$260,000
Estimated Property Value
$263,039Estimated Mortgage Balance
$260,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,847
$254,514
2025
$35,000
$219,514
$254,514
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,847
$254,514
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$164,465
Yes
First
Mar 10, 2020
Apr 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,039
N/A
0%
101%
$1,707/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,707/mo
+$313/mo
9.3%
