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$440,000

NAL Estimated Property Value

564 Hoover Rd, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,209 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$203.71 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringCeramic Tile, Parquet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size2.51 acres

Building Information

Year Built1979
Garage Spaces2

Land Information

APN126.0481.00580
Land UseResidential
Legal DescriptionABST 481 TR 8 RANDALL ADDN
Census Tract130405
Assessed Land Value$177,855
Assessed Improvement Value$115,234
Assessment Year2025

About this property

BACK ON THE MARKET.... THIS HOUSE WAS UNDER CONTRACT IMMEDIATELY WITH MULTIPLE OFFERS BUT IT WAS A CONTINGENCY AND THE BUYER COULD NOT GET HIS HOUSE SOLD. Don't miss out on this one..... Escape to your own country private sanctuary! This custom-built brick home on approximately 2.50 acres offers the perfect blend of country living and tranquility and is minutes from downtown Burleson and close to major highways. This property is a rare find with gorgeous mature trees and 3 detached buildings in the back. Inside, the main home boasts 3 bedrooms, 2 bathrooms, with a closed in sunroom not currently included in the square footage. Large living room with wood burning fireplace for entertaining. Spacious utility room with sink and storage, 2 car attached garage with additional storage area. The open-concept layout seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for gatherings and daily enjoyment. Galley kitchen with granite counters and newly installed backsplash and luxury vinyl flooring. Outside, the property is a nature lover's paradise. Whether you are working in the shop or enjoying the serenity of the surroundings, this property is a true gem for those seeking a harmonious blend of comfort and natural beauty. This property includes 3 detached buildings including a 15x10 office with wood floors with heat, air and electricity. Any carpenters would love this large woodworking shop with electricity, AC and built-ins. Last, a 40x25 foam insulated Metal Workshop with concrete floors, overhead door, and electricity is perfect for hobbies or additional storage. This property is completely fenced and NO HOA. Whether you’re dreaming of starting a hobby, working from home, or just wanting some additional space, this property is a rare find. Endless possibilities await. Other updates include New Windows throughout.

Investor Tools

Property Icon
$440,000
Estimated Property Value
$397,261Estimated Mortgage Balance
$42,739Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$660
$293,089
2025
$177,855
$115,234
$293,089
No

Tax History

Year
Tax Paid
Assessed Value
2025
$660
$293,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$405,000
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,261
$42,739
9%
90%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$2,429/mo
$-409/mo
5.5%

City: Burleson

564 Hoover Rd | Property Details | No Agent List