$307,000
NAL Estimated Property Value2209 Etta Lane, Burleson, TX, 76028
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Cooktop, Electric Oven, Plumbed For Ice Maker
FlooringCeramic Tile, Wood
Exterior
Lot Size1.05 acres
Building Information
Year Built1971
Garage Spaces2
Land Information
APN126.0451.00640
Lot Number53A
Land UseResidential
Legal DescriptionABST 451 LOT 53A GREEN OAKS ADDN AKA GREEN OAKS ACRES
Census Tract130219
Assessed Land Value$74,287
Assessed Improvement Value$176,476
Assessment Year2025
About this property
Showings begin Friday, OCT 29, 2021. AS IS 3 bedroom, 2 bathroom, 2 car garage home on over one acre. 2 car covered carport with driveway was added in 2018 or 2019. Heavily treed lot with rear access to Stella L. & close enough to Old Town & all of Burleson's great amenities while being outside of city limits. Back patio awning, windows, siding, exterior paint, air conditioning & heating have been recently replaced.
Investor Tools
$307,000
Estimated Property Value
$58,699Estimated Mortgage Balance
$248,301Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$798
$250,763
2025
$74,287
$176,476
$250,763
No
Tax History
Year
Tax Paid
Assessed Value
2025
$798
$250,763
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$72,750
No
First
Feb 17, 2017
Mar 2032
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,699
$248,301
80%
19%
$437/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$437/mo
+$1,583/mo
7.9%
