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Owner Contacts

$305,000

NAL Estimated Property Value

308 Sundown Ct, Burleson, TX, 76028

Off Market

5 Beds

3 Bath

1,815 Sq Ft

Single Family Residence

$129.48 / sqft

Built in 1963

Property Lead Type:

BankruptcyAuctionPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

AppliancesElectric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave

FlooringCeramic Tile

Building Information

Year Built1963

Land Information

APN126.2750.00820

Lot Number15

Land UseResidential

Legal DescriptionLOT 15 BLK 7 SUMMERCREST ADDN

Census Tract130218

Assessed Land Value$52,000

Assessed Improvement Value$224,381

Assessment Year2025

About this property

Motivated Seller and Seller Concessions Available -- INVESTORS WELCOMED Spacious Updated Home on a Quiet Cul-de-Sac – Perfect for Multigenerational Living! Welcome to this beautifully updated 5-bedroom, 3-bathroom home offering 1,815 sqft of flexible living space on a generous 0.22-acre lot. Built in 1963 and thoughtfully updated, this home blends classic charm with modern comfort. Situated in a peaceful cul-de-sac with no HOA, this property is ideal for multigenerational families or those needing extra space for guests, hobbies, or a home office. The layout provides privacy and functionality with multiple living areas and spacious bedrooms. Enjoy the freedom of a large backyard with plenty of room to entertain, garden, or simply relax. Located close to schools, shopping, and major roadways, this home offers convenience and comfort in one of the area’s most established neighborhoods. Don’t miss your chance to own this unique and versatile home!

Investor Tools

$305,000

Estimated Property Value

$283,739Estimated Mortgage Balance

$21,261Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,830 /month

Positive

Cash Flow Estimate:

$610 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$656/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,349

$276,381

2025

$52,000

$224,381

$276,381

Tax History

Year

Tax Paid

Assessed Value

2025

$6,349

$276,381

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Security National Mortgage Co

$239,382

Yes

First

Jun 25, 2021

Jul 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$283,739

$21,261

93%

$1,860/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,020/mo

$1,860/mo

+$160/mo

7.9%

Learn About the Market: Opportunity in Texas

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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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