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$252,286

1219 Parliament St, Burkburnett, TX, 76354

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,565 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.56 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Laminate, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size11,700 sqft

Building Information

Year Built1993
Roof Type105
Garage Spaces2

Land Information

APN5E10 034 00
Lot Number22
SubdivisionHenderson Sec 5
Land UseResidential
Legal DescriptionLOT 22 BLK 9 HENDERSON SEC 5
Census Tract013502
Assessed Land Value$20,000
Assessed Improvement Value$232,286
Assessment Year2025

About this property

Discover unbeatable value in Burkburnett - just minutes from Sheppard AFB! 1219 Parliament St. is priced $40K below tax value, making it ideal for military buyers looking to build equity while stationed here or savvy investors. Featuring 3 beds, 2 baths, a primary suite with dual vanities, garden tub & shower, open-concept living with tall ceilings & a 2 car garage. The oversized lot offers room for a pool, shop, or trampoline, plus solar panels paid at closing for long-term savings. Don't miss this opportunity!

Investor Tools

Property Icon
$252,286
Estimated Property Value
$137,464Estimated Mortgage Balance
$131,666Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,514 /month
Positive
Cash Flow Estimate:
$505 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$341/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,835
$252,286
2025
$20,000
$232,286
$252,286
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,835
$252,286

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primewest Mortgage Corp
Fha
$137,464
Yes
First
Feb 21, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,620
$131,666
52%
48%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,280/mo
$825/mo
+$455/mo
6.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Burkburnett

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1219 Parliament St | Property Details | No Agent List