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$250,000

501 Black Oak Lane, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,257 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.89 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1983

Land Information

APN126.2642.00580
Lot Number7R
Land UseResidential
Legal DescriptionLOT 7R BLK 10 FOREST RIDGE ESTATES
Census Tract130220
Assessed Land Value$50,000
Assessed Improvement Value$202,715
Assessment Year2025

About this property

What a great find! This lovely three bedroom home in Burleson is ready for new owners. Walk right in to the family room with high ceilings and recessed lighting, with a wood burning fireplace. Durable laminate floors throughout the common living areas. The galley kitchen offers plenty of storage space with additional storage in the laundry room just off the kitchen. The garage has been built in as an additional living space but the sellers would be willing to convert it back to a garage at the buyers' request. Two secondary bedrooms are a good size for the kids. The master bedroom is also spacious and has an ensuite bath with shower. The large backyard has plenty of shade, and definitely has room for a pool, with plenty of space for the kids and pets to play. A new roof has just been installed. This home is in an excellent location, Just off I-35, with plenty of shopping, dining, and entertainment just around the corner, with a quick commute to downtown Fort Worth.

Investor Tools

Property Icon
$252,715
Estimated Property Value
$0Estimated Mortgage Balance
$38,391Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,516 /month
Positive
Cash Flow Estimate:
$505 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,805
$252,715
2025
$50,000
$202,715
$252,715
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,805
$252,715

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$230,000
No
First
Sep 1, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$214,324
$38,391
15%
85%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,379/mo
+$641/mo
9.6%

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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501 Black Oak Lane | Property Details | No Agent List