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$515,000

NAL Estimated Property Value

116 Meadow Oaks Dr, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,488 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.06 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size35,907 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN126.2604.02260
Lot Number6
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 6 BLK 2 COUNTRY VISTA ESTATES
Census Tract130405
Assessed Land Value$90,000
Assessed Improvement Value$340,943
Assessment Year2025

About this property

Experience the epitome of country living in this highly desired neighborhood of Country Vista Estates.The inviting open floor plan seamlessly blends functionality with charm, boasting a spacious eat-in kitchen, formal dining area, and a generously sized kitchen. The heart of the home, a grand fireplace graces the living room with large windows offering enchanting views of the lush backyard trees. Perfect for socializing, the covered porch provides ample space for hosting friends and embracing the tranquility of cooler nights by the fire pit. This home caters to diverse needs with a thoughtful layout, featuring a bonus room nestled between two bedrooms—ideal for in-laws or teenage children. The primary ensuite is a sanctuary, complete with a gas fireplace, indulgent garden tub, walk-in shower, and an large walk-in closet. Modern conveniences include a garage equipped with a 30amp breaker for electric vehicles. Office can also serve as a 4th bedroom if needed. Hurry won't last long!

Investor Tools

Property Icon
$515,000
Estimated Property Value
$498,966Estimated Mortgage Balance
$16,034Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$698/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,807
$430,943
2025
$90,000
$340,943
$430,943
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,807
$430,943

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$519,250
No
First
Mar 1, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$498,966
$16,034
3%
97%
$3,114/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$3,114/mo
$-604/mo
5.8%

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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116 Meadow Oaks Dr | Property Details | No Agent List