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$353,213

NAL Estimated Property Value

394 Meadow Ridge Dr, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,947 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.52 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesAwning(s)
Lot Size6,970 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APN26275-20-15
Lot Number15
SubdivisionMistletoe Hill Ph V
Land UseResidential
Legal DescriptionMISTLETOE HILL PH V BLOCK 20 LOT 15
Census Tract111029
Assessed Land Value$75,000
Assessed Improvement Value$278,213
Assessment Year2025

About this property

Mistletoe Hill is a friendly, family-oriented neighborhood in Burleson, TX, known for its well-kept homes, community pool, and convenient access to nearby schools. With a mix of young families and long-time residents, the area offers a welcoming atmosphere and a strong sense of community, making it a peaceful and established place to call home. This property presents a great value in a prime location within the neighborhood. The home offers a functional layout with spacious living and dining areas, providing a solid foundation for a buyer looking to personalize or update over time. The kitchen offers ample storage and workspace, while the bedrooms are comfortably sized and well-positioned throughout the home. One of the four bedrooms includes an ensuite bathroom, offering added flexibility for guests, multigenerational living, or a private primary suite setup. A recently replaced roof is a major improvement already completed, giving buyers added peace of mind and reducing immediate maintenance concerns. The backyard provides plenty of space for outdoor enjoyment, whether for relaxing, entertaining, or future enhancements. Conveniently located near local shopping, dining, and major commuter routes, this home combines location, value, and opportunity. This is an estate sale and the property is being sold as-is. Ideal for buyers looking to get into a desirable neighborhood at a more accessible price point or for investors seeking a strong location with upside potential.

Investor Tools

Property Icon
$353,213
Estimated Property Value
$181,100Estimated Mortgage Balance
$172,113Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,119 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$165/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$689
$353,213
2025
$75,000
$278,213
$353,213
No

Tax History

Year
Tax Paid
Assessed Value
2025
$689
$353,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$194,000
No
First
Oct 27, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,100
$172,113
48%
51%
$1,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,329/mo
+$691/mo
6.9%

City: Burleson

394 Meadow Ridge Dr | Property Details | No Agent List