$258,000
NAL Estimated Property Value409 Joni Ct, Burleson, TX, 76028
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Gas Oven, Gas Range
FlooringCarpet, Laminate
Building Information
Year Built1970
Land Information
APN126.2647.00950
Lot Number21
Land UseResidential
Legal DescriptionLOT 21 BLK 5 THE GARDENS
Census Tract130222
Assessed Land Value$35,000
Assessed Improvement Value$219,410
Assessment Year2025
About this property
This cozy 3-bedroom, 1.5-bathroom home offers a comfortable living space conveniently close to downtown. This home is the perfect opportunity for a growing family looking to update and make their own or skilled investor looking to renovate and rent. With a spacious living area, well-appointed kitchen, and fenced yard, it's perfect for relaxation and entertaining. Enjoy easy access to shopping, dining, and schools. Don't miss out—schedule your showing today!
Investor Tools
$258,000
Estimated Property Value
$214,530Estimated Mortgage Balance
$43,470Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$566
$254,410
2025
$35,000
$219,410
$254,410
No
Tax History
Year
Tax Paid
Assessed Value
2025
$566
$254,410
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Fha
$222,888
Yes
First
Apr 11, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,530
$43,470
16%
83%
$1,337/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,337/mo
+$683/mo
9.4%
