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$355,835

NAL Estimated Property Value

505 Pheasant Hill Ln, Burleson, TX, 76028

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,180 Sq Ft
price_per_sqft$172.02 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Microwave

Exterior

Lot Size5,489 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN18204B-7-21
Lot Number21
Land UseResidential Single Family
Legal DescriptionHIGHPOINT HILL BLOCK 7 LOT 21
Census Tract111029
Assessed Land Value$60,000
Assessed Improvement Value$295,835
Assessment Year2025

About this property

Located close to highway and walking distance from shopping centers. This spacious open concept home features updated floors, updated master bath, vaulted ceilings through out property, updated front door and covered patio. Just 15 miles from downtown Fort Worth, dont miss out on this GEM of a home.

Investor Tools

Property Icon
$355,835
Estimated Property Value
$157,203Estimated Mortgage Balance
$198,632Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$229/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,457
$355,835
2025
$60,000
$295,835
$355,835
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,457
$355,835

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$162,800
Yes
First
Jun 21, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,203
$198,632
55%
44%
$977/mo

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.

Explore Texas Explore This Area
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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505 Pheasant Hill Ln | Property Details | No Agent List