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$381,000

NAL Estimated Property Value

131 Southwood Dr, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,712 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.41 / sqft
Year BuiltBuilt in 1974

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 Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Parquet, Simulated Wood

Exterior

Lot Size30,056 sqft

Building Information

Year Built1974
Stories1
Garage Spaces2

Land Information

APN39780-3-16
Lot Number16
SubdivisionSouthwood Estates Addition
Land UseResidential
Legal DescriptionSOUTHWOOD ESTATES ADDITION BLOCK 3 LOT 16
Census Tract111317
Assessed Land Value$65,550
Assessed Improvement Value$195,454
Assessment Year2025

About this property

Come see this great home situated on a large lot in Burleson and zoned for Mansfield ISD. There's so much space AND there's a 30 x 35 workshop. The workshop has electricity and air conditioning so you can work on your projects even in the TX heat! You'll find a fenced side yard in addition to the huge backyard. The home features 3BR and 2BA spread across 1,712 square feet. The metal roof is less than 3 years old. With an air conditioner that is less than 5 years old, extra insulation in the attic, and windows that are less than 2 years old, you can withstand our hot summers. In the kitchen, you'll find a Bosch dishwasher and a brand-new, never-been-used range. This home is ready for your family to settle in and begin to make memories. Everything about this gorgeous home is spacious - the yard, the home, the rooms, and the shop. This gorgeous home has been well-loved and well-maintained! Super clean and move-in ready! Get ready to have a backyard barbeque.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$304,644Estimated Mortgage Balance
$76,356Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$772
$261,004
2025
$65,550
$195,454
$261,004
No

Tax History

Year
Tax Paid
Assessed Value
2024
$772
$261,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$316,000
No
First
May 29, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,644
$76,356
20%
80%
$1,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,895/mo
+$125/mo
6.4%

Learn About the Market: Opportunity in Texas

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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.

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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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