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$338,000

NAL Estimated Property Value

404 Reagan Ln, Burleson, TX, 76028

$358,692 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,757 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.69 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,322 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN126.2626.01970
Lot Number17
Land UseResidential
Legal DescriptionLOT 17 BLK 8 ELK RIDGE ESTATES PH 2
Census Tract130217
Assessed Land Value$42,000
Assessed Improvement Value$261,181
Assessment Year2025

About this property

Spacious 5 bedroom home in Elk Ridge Estates. This home would be fantastic for a large family and entertaining. Kitchen black appliances and a breakfast bar open to the patio and downstairs living area. Primary bedroom and ensuite are on the first floor. Ensuite has a garden tub, seperate shower, dual sinks and a walk-in closet. Second living area upstairs could be used as a gameroom. Sellers have installed additional parking for a boat or RV. One of the HVAC systems has been replaced in the last three months and the roof was replaced last November. Backyard has a covered patio and an open area great for grilling out. Conveniently located close to schools and shopping.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$113,934Estimated Mortgage Balance
$224,066Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$358,691
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,772
$303,181
2025
$42,000
$261,181
$303,181
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,772
$303,181

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Efinity Financial Corp
Conventional
$149,600
No
First
May 1, 2015
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,934
$224,066
66%
34%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
N/A
+$2,510/mo
8.9%

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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