Last 24 Hours
$439,000
NAL Estimated Property Value118 Burleson St, Paige, TX, 78659
Off Market
3 Beds
1 Bath
1,483 Sq Ft
Single Family Residence
$250.17 / sqft
Built in 1924Property Lead Type:
Off-Market ListDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 3
Bathrooms 1
Garage AvailableExterior
Lot Size4.26 acres
Building Information
Year Built1924
Stories1
Roof Type112
Garage Spaces2
Land Information
APNR37145
Lot Number4
SubdivisionS7065 - Paige
Land UseResidential
Legal DescriptionPAIGE, DIV 8, LOTS 4, 5 & 6 N 1/2
Census Tract950503
Assessed Land Value$126,989
Assessed Improvement Value$121,031
Assessment Year2025
About this property
This historical home is located in the heart of Paige and was built in 1924. The home sits on 1 acre with the additional 3 acres having HWY 290 frontage. The home is being sold “As is.” This property is full of potential! The property is in the LPHCP-Houston Toad Map.
Investor Tools
$439,000
Estimated Property Value
$282,132Estimated Mortgage Balance
$157,334Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,411
$248,020
2025
$126,989
$121,031
$248,020
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,411
$248,020
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$294,566
Yes
First
Dec 15, 2023
Jan 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,132
$196,868
41%
64%
$1,767/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,088/mo
$1,767/mo
+$321/mo
5.7%
12.4%