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$393,000

NAL Estimated Property Value

209 Meadow Creek Lane, Burleson, TX, 76028

$421,596 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,016 Sq Ft
price_per_sqft$176.09 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size1.11 acres

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN25410-1-3
Lot Number3
SubdivisionMeadow Creek Lane Addition
Land UseResidential
Legal DescriptionMEADOW CREEK LANE ADDITION BLOCK 1 LOT 3
Census Tract111204
Assessed Land Value$100,500
Assessed Improvement Value$201,500
Assessment Year2025

About this property

Farm house with barn on 1.11 acres. As you walk up to this adorable home, you will first notice the metal roof and large wrap around porch. Walking into the home, you will see the skylights that fill the room with natural light and the stone wood burning fireplace. In the kitchen, you will see the heart of the farm house with a large island and many windows that overlook the backyard. The main bedroom has vaulted ceilings and the bathroom has double sinks, tub and separate shower. The seller has converted the 2nd and 3rd bedroom into one large media room with a secret door. There is a 2 car garage and a barn with electricity. New HVAC installed July 2021.

Investor Tools

Property Icon
$393,000
Estimated Property Value
$279,695Estimated Mortgage Balance
$113,305Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$421,596
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,358 /month
Positive
Cash Flow Estimate:
$786 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,540
$302,000
2025
$100,500
$201,500
$302,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,540
$302,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$304,000
No
First
Feb 2, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$279,695
$113,305
28%
71%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,823/mo
+$197/mo
6.2%

City: Burleson

209 Meadow Creek Lane | Property Details | No Agent List