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$401,265

NAL Estimated Property Value

6116 Bursey Rd, Watauga, TX, 76148

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,613 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.7 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size2,614 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN5972--55
Lot Number55
Land UseOther / Unknown
Legal DescriptionBURSEY ROAD TOWNHOMES LOT 55
Census Tract113803
Assessed Land Value$80,000
Assessed Improvement Value$321,265
Assessment Year2025

About this property

Welcome to 6116 Bursey Road, Your Next Stylish and Convenient Home Sweet Home! Located just off Denton Highway, this townhome puts you in the perfect spot for dining, shopping, and entertainment. Forget the long commutes, everything you need is practically around the corner. Step inside and discover a thoughtfully designed main-level layout featuring an open-concept living space that’s ideal for entertaining, lounging, or just enjoying your new digs. The spacious family room is ready for movie nights, board game battles, or just kicking back after a long day. The California kitchen is a chef's dream or a takeout lover's haven with a large island, stainless steel appliances, and granite countertops that scream modern elegance. The adjoining dining room, flooded with natural light from a big, beautiful window, is perfect for everything from quick breakfasts to elaborate dinner parties. Head upstairs to your private owner's retreat complete with a dual sink vanity so no sharing is necessary, an oversized shower, and a walk-in closet big enough to double as a small boutique. Two additional bedrooms and a secondary bathroom provide plenty of space for roommates, guests, or that home office you’ve been meaning to set up. Laundry day? No problem. The conveniently located utility room on the same level as all the bedrooms makes it a breeze. Oh, and did we mention the washer, dryer, and refrigerator are already included? Move-in ready has never looked so good. Ready to make 6116 Bursey Road your next home? Schedule your tour today and start living the good life, without the hassle!

Investor Tools

Property Icon
$401,265
Estimated Property Value
$307,554Estimated Mortgage Balance
$93,711Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,408 /month
Positive
Cash Flow Estimate:
$803 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,197
$401,265
2025
$80,000
$321,265
$401,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,197
$401,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$315,000
No
First
Jan 17, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,554
$93,711
23%
77%
$1,889/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.

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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: Watauga

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6116 Bursey Rd | Property Details | No Agent List