Last 24 Hours
$209,000
346 Nw Lorna St, Burleson, TX, 76028
Pending
2 Beds
1 Bath
1,030 Sq Ft
Single Family Residence
$202.91 / sqft
Built in 1959Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringVinyl
Exterior
Exterior FeaturesRain Gutters
Building Information
Year Built1959
Garage Spaces1
Land Information
APN126.2691.00540
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 BLK 3 MONTCLAIR ADDITION
Census Tract130205
Assessed Land Value$46,000
Assessed Improvement Value$200,785
Assessment Year2025
About this property
Cute and Cozy 3 Bedroom Home in the Heart of Burleson. Updated Kitchen with White Shaker Custom Cabinets with Soft Close Doors, Brushed Nickel Hardware, Real Wood Custom Floating Shelves, a Kenmore Glass-top Range and Granite Countertops and Farm sink.! Large and spacious backyard with Tuff Shed barn.
Investor Tools
$140,364Estimated Mortgage Balance
$106,679Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,481 /month
Positive
Cash Flow Estimate:
$494 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,669
$246,785
2025
$46,000
$200,785
$246,785
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,669
$246,785
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$152,000
No
First
Jun 3, 2022
Jul 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$140,364
$106,421
43%
57%
$912/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,530/mo
$912/mo
+$618/mo
7.4%
12.4%