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$256,361

NAL Estimated Property Value

216 Smith St, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,332 Sq Ft
price_per_sqft$195.2 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringLaminate, Luxury Vinyl Plank, Tile

Exterior

Private PoolPrivate Pool

Building Information

Year Built1967
Garage Spaces2

Land Information

APN126.2647.01570
Lot Number19
Land UseResidential
Legal DescriptionLOT 19 BLK 10 THE GARDENS
Census Tract130222
Assessed Land Value$35,000
Assessed Improvement Value$221,361
Assessment Year2025

About this property

Adorable One Story Home on almost a quarter acre lot with NO HOA. Quiet and Mature Neighborhood with Schools nearby. Home is only a 3 min drive to Downtown Burleson. Check out all Events Downtown Burleson has to offer. This beauty has both bathrooms fully updated. The Secondary bath has a newly oversized jetted tub. No carpet throughout the home. Garage is oversized for small shop space or extra storage. Enjoy what the Backyard Paradise has to offer with an Oversized covered patio and outside storage, along with an added Pergola. Above ground pool will convey with property. It is winterized now, all equipment in great shape to get ready for a Hot Texas summer. HVAC system is only a few years old with transferable warranty coverage. Roof was just replaced in Jan 2023. Foundation work completed late Feb 2023 which comes with transferable warranty.

Investor Tools

Property Icon
$256,361
Estimated Property Value
$134,430Estimated Mortgage Balance
$121,931Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$598/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,889
$256,361
2025
$35,000
$221,361
$256,361
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,889
$256,361

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$142,500
No
First
Apr 6, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,430
$121,931
47%
52%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$855/mo
+$1,165/mo
9.5%

City: Burleson

216 Smith St | Property Details | No Agent List