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$215,396

NAL Estimated Property Value

308 Candlelite Ct, Burleson, TX, 76028

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,020 Sq Ft
price_per_sqft$205.88 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator, Washer
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1970
Garage Spaces2

Land Information

APN126.2750.01685
Lot Number34
Land UseResidential
Legal DescriptionLOT 34 BLK 11 SUMMERCREST ADDN
Census Tract130218
Assessed Land Value$52,000
Assessed Improvement Value$163,396
Assessment Year2025

About this property

Adorable 2 bed, 1 bath home in an established neighborhood on a quiet cul-de-sac. This home was originally a 3 bedroom home. The previous owners removed a wall to enlarge the living room, it could easily be changed back! Great home for investors or first time home buyers. The bathroom has been updated with double vanities and tiled shower. The backyard is oversized with a huge covered deck, great for entertaining or sitting outside on cool days. The refrigerator and washer and dryer stay with the home! The foundation was just repaired and comes with a lifetime warranty.

Investor Tools

Property Icon
$215,396
Estimated Property Value
$191,012Estimated Mortgage Balance
$24,384Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,292 /month
Positive
Cash Flow Estimate:
$431 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,948
$215,396
2025
$52,000
$163,396
$215,396
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,948
$215,396

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerihome Mortgage Company Llc
Fha
$197,496
Yes
First
Jul 18, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,012
$24,384
11%
89%
$1,185/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$1,185/mo
+$345/mo
8.5%

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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308 Candlelite Ct | Property Details | No Agent List