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$277,000

NAL Estimated Property Value

1313 Summerset Ln, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,900 Sq Ft
price_per_sqft$150 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesBalcony
Lot Size2,749 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN126.2576.01050
Lot Number5
SubdivisionGalaxy Townhomes Addn
Land UseResidential
Legal DescriptionLOT 5 BLK 1 GALAXY TOWNHOMES ADDN
Census Tract130216
Assessed Land Value$13,743
Assessed Improvement Value$252,394
Assessment Year2025

About this property

Luxury Townhome! 3 bedrooms, 2 and a half baths! The HOA covers backyard maintenance which includes the water bill for the backyard only! The AC units were recently replaced in 2023 LG brand. Kitchen is open to the living room and dining area. Nice crown molding throughout the home. Wonderful kitchen set up with a nice sized breakfast bar, kitchen island, granite type counter tops, smooth top range, built in microwave and pantry. Tiled backsplash. The breakfast area has a sitting ledge or plant ledge. Half bath is downstairs. There is a large closet that is under the staircase for extra storage room. Upstairs features: Large primary bedroom with a nice size balcony! Grab your morning coffee and walk out onto the covered balcony! The primary bathroom has a large walk in shower, separate tub, dual sinks, walk in closet and additional linen closet. Bedroom 3 is being used as an office. This home is conveniently located to shopping, restaurants, and more!

Investor Tools

Property Icon
$277,000
Estimated Property Value
$166,496Estimated Mortgage Balance
$110,504Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
$338/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,260
$266,137
2025
$13,743
$252,394
$266,137
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,260
$266,137

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$170,000
No
First
Mar 3, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,496
$110,504
39%
60%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,358/mo
+$662/mo
8.8%

City: Burleson

1313 Summerset Ln | Property Details | No Agent List