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$345,000

615 Nw Jayellen Ave, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.02 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Range, Vented Exhaust Fan
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Private Yard

Building Information

Year Built2001
Garage Spaces2

Land Information

APN126.2770.00460
Lot Number11
Land UseResidential
Legal DescriptionLOT 11 BLK 3 TURKEY PEAK PH 1
Census Tract130217
Assessed Land Value$56,000
Assessed Improvement Value$257,474
Assessment Year2025

About this property

Discover a beautifully updated 3-bedroom, 2-bath gem in a delightful Burleson neighborhood, where modern touches meet timeless charm. This thoughtfully designed home boasts an airy open floor plan filled with natural light, featuring split bedrooms and durable wood laminate and tile flooring throughout. The newly renovated primary bathroom is a true retreat, showcasing a spacious shower with elegant glass barn doors and sophisticated finishes. Above the garage, a finished bonus room with central air and heat offers versatility and comfort, adding a unique feature to the home (not included in GLA). Recent upgrades include double-pane Anderson windows installed in December 2023 and a high-performance two-stage Bryant HVAC system installed in May 2024, ensuring comfort and energy efficiency all year long. The kitchen stands out with its granite countertops, chic barn door accents, and plentiful storage—perfect for culinary creations and hosting gatherings. A dedicated laundry room enhances daily convenience, while the private backyard beckons with its covered patio, complete with built-in shades, and a 12’ x 10’ insulated shop. This workshop is fully equipped with air conditioning and electricity, making it an ideal space for hobbies or remote work. 4 inch French drain from the corner of the rock retaining wall to the north side of the house leading to the street. This home seamlessly combines comfort, style, and functionality. Don’t miss your chance to see it!

Investor Tools

Property Icon
$336,000
Estimated Property Value
$155,250Estimated Mortgage Balance
$184,184Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,960
$313,474
2025
$56,000
$257,474
$313,474
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,960
$313,474

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$155,250
No
First
Feb 5, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,816
$184,184
54%
45%
$931/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$931/mo
+$1,089/mo
7.2%

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: Burleson

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615 Nw Jayellen Ave | Property Details | No Agent List