Last 24 Hours
$893,560
NAL Estimated Property Value4280 FM 1187, Burleson, TX, 76028
$923,501 ARV
Off Market
Commercial
— Beds
— Bath
5,625 Sq Ft
$160 / sqft
Built in 2006Highlights
Interior
Bedrooms —
Bathrooms —FlooringConcrete
Exterior
Lot Size1 acre
Building Information
Year Built2006
Land Information
APN31697B-1-1R
Lot Number1R
SubdivisionParker Addition
Land UseIndustrial
Legal DescriptionPARKER ADDITION BLOCK 1 LOT 1R
Census Tract111204
Assessed Land Value$43,560
Assessed Improvement Value$850,000
Assessment Year2025
About this property
Great opportunity to own a building with green space left that would make a great parking or storage pad or offers the ability to add additional buildings. There's currently 5,625 total SF with 1 building offering 5,000 SF and the second building offering 625 SF. 134 ft. of road frontage along FM 1187 which is a growing corridor near I-35W and I-20. Please do not disturb the tenants. The building will convey without tenants. Market rents are showing $1.07 per SF. Showings must be scheduled in advance with the listing agent.
Investor Tools
$893,560
Estimated Property Value
$652,808Estimated Mortgage Balance
$240,752Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$923,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,815
$893,560
2025
$43,560
$850,000
$893,560
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,815
$893,560
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Commercial
$692,000
No
First
Apr 13, 2023
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$652,808
$240,752
26%
73%
$4,149/mo
12.4%