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$304,389

131 Ne Mcalister Rd, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,711 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.4 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size9,448 sqft

Building Information

Year Built1989
Stories1
Garage Spaces2

Land Information

APN25587-26-5
Lot Number5
SubdivisionMeadows Addition, The-Burleson
Land UseResidential
Legal DescriptionMEADOWS ADDITION, THE-BURLESON BLOCK 26 LOT 5
Census Tract111029
Assessed Land Value$49,952
Assessed Improvement Value$254,437
Assessment Year2025

About this property

Buyer Financing fell through. Brand NEW ROOF, Reduced price! Down Payment Assistance Available! Newly remodeled: retextured ceilings, freshly painted trim, doors, ceilings and walls! Grand entrance with high ceilings, wood flooring in living room and hallways, gorgeous brick fireplace oversees expansive backyard. Lots of room for patio extension and pool addition! Kitchen cabinets have been refinished to boast beautiful wood grain! Air Conditioning Unit and Water Heater only 8 years old! Oversized 3 bedrooms with walk in closets, 2 full restrooms; primary restroom has dual closets, double vanity and remodeled shower! Exemplary schools, prime location in proximity to major highways, big-city amenities while preserving it's small-town ambiance! Close to Parks, HEB grocery store, shopping and entertainment!

Investor Tools

Property Icon
$304,389
Estimated Property Value
$244,759Estimated Mortgage Balance
$69,961Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,826 /month
Positive
Cash Flow Estimate:
$609 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,468
$304,389
2025
$49,952
$254,437
$304,389
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,468
$304,389

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$244,759
Yes
First
Jan 29, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,428
$69,961
22%
77%
$1,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,468/mo
+$552/mo
8.0%

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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131 Ne Mcalister Rd | Property Details | No Agent List