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$385,000

2824 Greenway Dr, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,127 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.12 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built2002
Garage Spaces2

Land Information

APN126.3504.30920
Lot Number92
Land UseResidential
Legal DescriptionLOT 92 BLK 3 MOUNTAIN VALLEY LAKE TRACT A PH 1
Census Tract130211
Assessed Land Value$30,000
Assessed Improvement Value$460,752
Assessment Year2025

About this property

Enjoy immediate equity with this purchase! An independent appraisal in May 2025 reveals this home is valued — well above the current asking price. Move-in ready and full of updates, this beautifully maintained 4-bedroom, 3-bath home offers over 3,100 sq ft in the highly desirable Mountain Valley Lake community in Joshua ISD. This home is located in this amenity-rich community featuring fishing lakes, walking trails, a community pool, and a park, while being convenient to shopping, dining, medical facilities, and commuter routes. Avoid the wait and hidden costs of new construction—this home already features NEW carpet, fresh interior paint, refreshed kitchen, and NEW kitchen appliances. Extras include a spacious floor plan with multiple living areas and an upstairs family room with balcony access. The primary suite balcony overlooks the lake and community, creating the perfect space for morning coffee or evening relaxation. Major system updates include two water heaters replaced in 2022, NEW insulated garage doors, a solid wood front door, one recently replaced AC unit with the second HVAC being well maintained. Updates also include a new kitchen garbage disposal. The home includes a garage freezer which conveys with the sale of the home! Enjoy an established neighborhood, mature surroundings, and exceptional value—more space, more upgrades, and no construction delays!

Investor Tools

Property Icon
$490,752
Estimated Property Value
$505,000Estimated Mortgage Balance
$0Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,945 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,792
$490,752
2025
$30,000
$460,752
$490,752
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,792
$490,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Peoples Bank
Building Or Construction Loan
$505,000
No
First
Jun 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,862
N/A
0%
101%
$3,028/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$3,568/mo
$-1,058/mo
6.1%

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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2824 Greenway Dr | Property Details | No Agent List