Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$375,954

NAL Estimated Property Value

516 Deerwood Dr, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,531 Sq Ft
price_per_sqft$132.36 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave

Exterior

Private PoolPrivate Pool

Building Information

Year Built1998
Garage Spaces2

Land Information

APN126.3501.01550
Lot Number5
Land UseResidential
Legal DescriptionLOT 5 BLK 4 LAKEWOOD PH 2
Census Tract130211
Assessed Land Value$30,000
Assessed Improvement Value$345,954
Assessment Year2025

About this property

PRICE IMPROVEMENT! Expansive home in Joshua ISD close to shopping, restaurants and entertainment. This home will meet all of your needs offering 2539 square feet with 2 living areas, 2 dining areas, upstairs could be used as game room or media room or possible bonus room. Home features an open concept, new flooring throughout, fresh paint, neutral colors, lots of windows providing natural light, luxury vinyl flooring, a beautiful corner fireplace and more. Roof was replaced in 2023.

Investor Tools

Property Icon
$375,954
Estimated Property Value
$181,006Estimated Mortgage Balance
$194,948Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$893/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,833
$375,954
2025
$30,000
$345,954
$375,954
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,833
$375,954

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$184,250
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,006
$194,948
51%
48%
$1,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$1,645/mo
+$865/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

516 Deerwood Dr | Property Details | No Agent List