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$1,159,400

NAL Estimated Property Value

1515 Highway 237, Burton, TX, 77835

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,528 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$490.84 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDisposal, Electric Oven, Gas Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size5.41 acres

Building Information

Year Built2015

Land Information

APN0130-000-00100
SubdivisionFleasner, Chas.
Land UseResidential
Legal DescriptionA0130 A0130 - FLEASNER, CHAS., TRACT 1, ACRES 5.409
Census Tract170501
Assessed Land Value$474,640
Assessed Improvement Value$684,760
Assessment Year2025

About this property

Charming 5-acre property in Burton with 3 unique cottages, just 5 miles from Round Top Square! The main house (1,528 sf) offers 2 beds, 1.5 baths, and wide porches perfect for relaxing. A second cottage (1,063 sf) features 2 beds, 2 baths, and a spacious back porch. The third is a cozy antique cabin with a full bath, kitchenette, and sleeping loft. Gorgeous live oaks provide shade and beauty, with plenty of room to add guest houses, barndominiums, or your dream build. Ideal for rental income with close proximity to Round Top, antique venues, and local attractions.

Investor Tools

Property Icon
$1,159,400
Estimated Property Value
$0Estimated Mortgage Balance
$1,159,400Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,956 /month
Positive
Cash Flow Estimate:
$2,319 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,652/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,024
$1,159,400
2025
$474,640
$684,760
$1,159,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,024
$1,159,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,159,400
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$970/mo
N/A
+$970/mo
1.0%

City: Burton

1515 Highway 237 | Property Details | No Agent List