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$403,000

NAL Estimated Property Value

3216 Greenway Drive, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.88 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size8,329 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.3504.07640
Lot Number64
SubdivisionMountain Valley Lake Tr A Ph 4
Land UseResidential
Legal DescriptionLOT 64 BLK 7 MOUNTAIN VALLEY LAKE TR A PH 4
Census Tract130211
Assessed Land Value$30,000
Assessed Improvement Value$370,632
Assessment Year2025

About this property

So much room! 3 bedrooms, 3 full baths with 3 living areas! There's a huge bonus room and FULL BATH upstairs, so everyone has their own area to hang out, but plenty of room for larger gatherings! You'll love the finish out of this home, not to mention all the extra touches throughout. There's a large front porch as well as a covered patio in back for entertaining! Wood look tile and quartz counter tops, shaker style cabinetry, tech trim garage door, leaded lite front door, full sod, sprinklers, and landscaping, plus all the amenities of Mountain Valley Lake. Buyer has 2% to use 'your way' towards closing costs, buy down the rate, reduce the price...you decide! The best part...it's ready NOW!!

Investor Tools

Property Icon
$403,000
Estimated Property Value
$262,308Estimated Mortgage Balance
$140,692Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,633 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,996
$400,632
2025
$30,000
$370,632
$400,632
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,996
$400,632

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$280,000
No
First
Dec 21, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,308
$140,692
34%
65%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$2,174/mo
+$336/mo
7.5%

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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3216 Greenway Drive | Property Details | No Agent List