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$317,602

NAL Estimated Property Value

241 Timber Ridge Drive, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.85 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet

Exterior

Lot Size11,744 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN42182-5-11
Lot Number11
SubdivisionTimber Ridge Addn (Burleson)
Land UseResidential
Legal DescriptionTIMBER RIDGE ADDN (BURLESON) BLOCK 5 LOT 11
Census Tract111030
Assessed Land Value$52,244
Assessed Improvement Value$265,358
Assessment Year2025

About this property

This adorable updated home is move in ready! Spacious living room with wood burning fireplace. All flooring has been updated including luxury vinyl flooring, carpet in bedrooms and baseboards. Fresh interior paint including the ceiling, popcorn has been removed. Kitchen was a total remodel with white cabinets, black sink, wood butcher block countertops, LG stainless steel dishwasher, matching stove and the refrigerator is included. Master bath boasts a walk in shower, updated white cabinets and sinks. Light fixtures, fans and hardware has all been recently replaced. Home includes Ring Doorbell and Ring Camera over garage door and CAT 5 wiring. Exterior paint just recently completed. Don't miss the safe room. This home is waiting for you!

Investor Tools

Property Icon
$317,602
Estimated Property Value
$282,634Estimated Mortgage Balance
$34,968Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,906 /month
Positive
Cash Flow Estimate:
$635 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,291
$317,602
2025
$52,244
$265,358
$317,602
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,291
$317,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Conventional
$304,950
No
First
Jun 30, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,634
$34,968
11%
89%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,829/mo
+$191/mo
7.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Burleson

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241 Timber Ridge Drive | Property Details | No Agent List