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$296,000

NAL Estimated Property Value

309 Mary Kay Court, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,625 Sq Ft
price_per_sqft$159.94 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Vinyl

Exterior

Lot Size7,174 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN17661-4-11
Lot Number11
SubdivisionHeberle Estates Addition
Land UseResidential
Legal DescriptionHEBERLE ESTATES ADDITION BLOCK 4 LOT 11
Census Tract111030
Assessed Land Value$39,459
Assessed Improvement Value$252,666
Assessment Year2025

About this property

This lovely 3 bedroom, 2 bathroom home situated in a court on a quiet lot with luscious green grass in the front and backyard is one you don’t want to miss out on. The master bedroom is split from the secondary bedrooms. Spacious kitchen with open concept living room and dining room. Master bathroom has double sinks, garden tub, separate shower and large walk in master closet. Covered back porch to enjoy all year round. Shed in the back yard for extra storage space. Just a stroll to Centennial Park, playgrounds, walking paths, schools and minutes to I-35.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$181,596Estimated Mortgage Balance
$114,404Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,187
$292,125
2025
$39,459
$252,666
$292,125
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,187
$292,125

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$200,000
No
First
Jul 14, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,596
$114,404
38%
61%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,255/mo
+$765/mo
8.2%

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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309 Mary Kay Court | Property Details | No Agent List