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$378,000

NAL Estimated Property Value

112 Southwood Drive, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,120 Sq Ft
price_per_sqft$127.31 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size36,155 sqft

Building Information

Year Built1974
Stories1
Garage Spaces1

Land Information

APN39780-2-7
Lot Number7
SubdivisionSouthwood Estates Addition
Land UseResidential
Legal DescriptionSOUTHWOOD ESTATES ADDITION BLOCK 2 LOT 7
Census Tract111317
Assessed Land Value$78,850
Assessed Improvement Value$237,911
Assessment Year2025

About this property

Rendon Home & Saltwater Pool on almost an acre offering 2 large living areas, beautifully remodeled kitchen with adjoining large utility room, 2 dining areas, center wall fireplace, all ceramic tile flooring flowing throughout the home, wonderful expansive covered patio & decking with quality professional smoker to remain plus saltwater pool, large lawn for animals, gardening & possible rejuvenation of the barn having not been used & in “as is” condition plus a workshop with plentiful storage options, Dishwasher 2019, Range 2016, Roof 2008, HVAC 2011, Flooring 2011-2019, Water Heater 2008, Aerobic Septic 2005, Saltwater Pool 2005, Refrigerator stays, Minerals convey @ closing, 140 ft water well for lawn, Show!

Investor Tools

Property Icon
$378,000
Estimated Property Value
$242,344Estimated Mortgage Balance
$135,656Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$607/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,396
$316,761
2025
$78,850
$237,911
$316,761
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,396
$316,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$260,200
Yes
First
Dec 9, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,344
$135,656
35%
64%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,624/mo
+$396/mo
6.4%

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.

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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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