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$505,000

NAL Estimated Property Value

144 Towering Oaks Ct, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,650 Sq Ft
price_per_sqft$169.43 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size1.56 acres

Building Information

Year Built1989
Garage Spaces3

Land Information

APN126.2768.00141
Land UseResidential
Legal DescriptionLOT 14R,15R TOWERING OAKS 126.2768.00140 UDI EXEMPT
Census Tract130406
Assessed Land Value$37,620
Assessed Improvement Value$159,745
Assessment Year2023

About this property

This is a one-of-a-kind, diamond in the rough in the heart of Burleson! This property is a beautiful 1.5 total acres with tons of tall oak trees and plenty of space for a pool and then some! The main home has 3 bedrooms, 2 full baths with new flooring, 2 living areas, soaring ceilings and 2 wonderfully unique, wood burning stoves in each living room. Second living area has a cathedral ceiling and an entire wall of windows looking into the heavily treed back yard. Kitchen has scores of oak cabinets which means LOTS of storage! Master bath has separate shower, a massive jetted tub, two large closets and new flooring. Guest quarters in the back with living area, kitchen, full bath and attached garage. There is so much potential here, especially with the entire second lot next to it. Home AS-IS Does need work but it has good bones, lots of room and a brand new roof. Property cannot be subdivided. Buyer to purchase new survey. Close to I-35 and minutes from Old Towne in Burleson.

Investor Tools

Property Icon
$505,000
Estimated Property Value
$0Estimated Mortgage Balance
$505,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,030 /month
Positive
Cash Flow Estimate:
$1,010 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,686
$197,365
2023
$37,620
$159,745
$197,365
No

Tax History

Year
Tax Paid
Assessed Value
2018
$2,686
$197,365

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$505,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
N/A
+$2,510/mo
6.0%

City: Burleson

144 Towering Oaks Ct | Property Details | No Agent List