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$269,990

1229 Summerset Ln, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,868 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$144.53 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3,607 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN126.2576.20010
Lot Number1
SubdivisionGalaxy Townhomes Addn
Land UseResidential
Legal DescriptionLOT 1 BLK 20 GALAXY TOWNHOMES ADDN
Census Tract130216
Assessed Land Value$18,034
Assessed Improvement Value$270,638
Assessment Year2025

About this property

This community provides an exceptional opportunity to own a luxury townhouse right here in Burleson! Truly uptown living in the suburbs. This beautiful home will make you feel right at home upon entry. The additional living area upstairs provides a great space for a variety of uses. All three bedrooms have their own bathroom. Notice the quality of the products such as the beautiful granite, luxury vinyl plank flooring, ceramic tile showers, Beautiful color scheme. Spray foam throughout will keep your electric bills very affordable as a bonus! If your looking for very low maintenance and high quality living, look no further, We are it!

Investor Tools

Property Icon
$288,672
Estimated Property Value
$265,010Estimated Mortgage Balance
$24,260Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,732 /month
Positive
Cash Flow Estimate:
$577 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,262
$288,672
2025
$18,034
$270,638
$288,672
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,262
$288,672

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$265,010
Yes
First
Feb 8, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,412
$24,260
8%
92%
$1,653/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,848/mo
+$172/mo
8.4%

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: Burleson

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1229 Summerset Ln | Property Details | No Agent List