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$900,000

4280 FM 1187, Burleson, TX, 76028

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths5,000 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 2006

Highlights

Interior

Bathrooms 0Bathrooms 0
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

Property Icon
$893,560
Estimated Property Value
$0Estimated Mortgage Balance
$240,752Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,400 /month
Positive
Cash Flow Estimate:
$1,800 /month

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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

Learn About the Market: Opportunity in Texas

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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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4280 FM 1187 | Property Details | No Agent List