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$816,683

NAL Estimated Property Value

205 Meadow Creek Ln, Burleson, TX, 76028

Off MarketInfo
Beds6 Beds
Baths6 Bath
Baths6,508 Sq Ft
price_per_sqft$136.75 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Linoleum, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Storage, Garden
Lot Size1.57 acres

Building Information

Year Built1991
Stories1
Garage Spaces3

Land Information

APN25410----1----1---20
Lot Number1-2
SubdivisionMeadow Creek Lane Addition
Land UseResidential
Legal DescriptionMEADOW CREEK LANE ADDITION BLOCK 1 LOT 1 & 2
Census Tract111204
Assessed Land Value$123,500
Assessed Improvement Value$693,183
Assessment Year2025

About this property

2 updated homes situated on 1.57 tranquil acres. Excellent solution to multigenerational needs, this property also offers endless uses for families, investment, or work. The first home is 3,529 sq ft with 3 beds, 2.5 baths, 3 flexible living rooms. Second home is 2,980 sq ft with 3 beds, 3 baths and multiple living spaces. Homes connect through covered breezeway offering convenience yet privacy to each residence. A beautiful pool, hot tub, koi pond, and covered pergola grace the spacious backyard. Tons of storage with 5 garage spaces, 2 space carport, 2 large workshops. RV parking with hookups. Each home has own driveway, entry, access to backyard. Close to healthcare, dining, retail. Easy drive to FW.

Investor Tools

Property Icon
$816,683
Estimated Property Value
$608,432Estimated Mortgage Balance
$208,251Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,340 /month
Positive
Cash Flow Estimate:
$1,780 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,932
$816,683
2025
$123,500
$693,183
$816,683
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,932
$816,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$647,200
No
First
Feb 1, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$608,432
$208,251
25%
75%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$3,881/mo
$-1,861/mo
3.0%

City: Burleson

205 Meadow Creek Ln | Property Details | No Agent List