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$284,000

NAL Estimated Property Value

114 Ne Timber Ridge Dr, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,519 Sq Ft
price_per_sqft$190.26 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size9,853 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN42182-3-38
Lot Number38
SubdivisionTimber Ridge Addn (Burleson)
Land UseResidential
Legal DescriptionTIMBER RIDGE ADDN (BURLESON) BLOCK 3 LOT 38
Census Tract111030
Assessed Land Value$50,354
Assessed Improvement Value$214,568
Assessment Year2025

About this property

Welcome to 114 NE Timber Ridge Drive! This absolutely adorable home is not your cookie cutter property! The main entry is located on the side of the house, which gives you more of a private feel. As you walk through the front door, the wood burning fireplace is the focal point of this cozy living room. The primary bedroom, located behind double, 2-panel Cheyenne style doors has an updated en-suite bath with a separate, free-standing shower. The quaint kitchen has a separate dining area and comes equipped with a stainless steel refrigerator. When you enter the main backyard, you'll walk out onto the Texas-sized deck, perfect for hosting BBQ's. Have dogs and want to keep their mess separate from the BBQ-play area? You can kennel them in the second backyard. Yes...this home has TWO great sized backyards! The beautifully treed lot offers ample amount of shade, perfect for enjoying the outdoors, even during the hot summers. Outdoor play equipment can stay with the home. With it's unique layout, wonderful shade trees and two backyards, 114 NE Timber Ridge Drive is not your ordinary property! Showings to begin Monday, May 19th.

Investor Tools

Property Icon
$284,000
Estimated Property Value
$280,159Estimated Mortgage Balance
$3,841Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$208/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,076
$264,922
2025
$50,354
$214,568
$264,922
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,076
$264,922

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$284,747
Yes
First
Jun 30, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,159
$3,841
1%
99%
$1,708/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,708/mo
+$312/mo
8.5%

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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114 Ne Timber Ridge Dr | Property Details | No Agent List