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$198,870

609 Meadowcrest Drive, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,996 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN465-12-3
Lot Number3
SubdivisionAlsbury Meadows
Land UseResidential
Legal DescriptionALSBURY MEADOWS BLOCK 12 LOT 3
Census Tract111030
Assessed Land Value$38,500
Assessed Improvement Value$226,343
Assessment Year2025

About this property

Well kept, 3-2-2 with nice landscaping, sprinkler system and great curb appeal in an established neighborhood! Split bedrooms with large master, garden tub and walk in closets. Front storm door allows plenty of natural light in the entrance. Living area has plant ledges, clean paint with great crown molding and updated flooring throughout. In the highly rated Burleson ISD and close to downtown Fort Worth.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$113,618Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$220/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,277
$264,843
2025
$38,500
$226,343
$264,843
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,277
$264,843

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$180,500
No
First
Feb 14, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,382
$113,618
41%
58%
$1,083/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,083/mo
+$937/mo
8.9%

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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609 Meadowcrest Drive | Property Details | No Agent List