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$831,000

NAL Estimated Property Value

617 Falls Creek, Burleson, TX, 76028

$861,059 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,107 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.75 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Warming Drawer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size21,780 sqft

Building Information

Year Built2014
Garage Spaces3

Land Information

APN126.4963.07120
Lot Number12
Land UseResidential
Legal DescriptionLOT 12 BLK 7 PRAIRIE TIMBER ESTATES
Census Tract130215
Assessed Land Value$45,000
Assessed Improvement Value$748,521
Assessment Year2025

About this property

The Home You Have Been Waiting For! This beautiful home, nestled on an exceptional half acre lot, is warm, inviting, open and bright! Luxury details throughout including rich hand scraped hard wood floors, architectural beams, stunning kitchen island, Wolf ovens and stove, Bosch dishwasher, crown molding, plantation shutters, stylish built ins, fully encapsulated foam insulation, NEST thermostats and so much more! Master suite, with spa like bathroom and custom walk in closet, is a peaceful retreat with view of pretty backyard. First floor guest room, large office with glassed French doors and a sizable utility room. The second floor offers lots of flex space, two bedrooms and bathrooms, built in desk area, game room, second living area or den and cozy and secluded media room. Dreamy backyard with shade trees, privacy fence and covered patio is perfect for entertaining, playing games, gardens and future pool! Wonderful large lot neighborhood with walking trails, playground and pond.

Investor Tools

Property Icon
$831,000
Estimated Property Value
$695,116Estimated Mortgage Balance
$135,884Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$861,058
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,986 /month
Positive
Cash Flow Estimate:
$1,662 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,749/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,837
$793,521
2025
$45,000
$748,521
$793,521
No

Tax History

Year
Tax Paid
Assessed Value
2025
$16,837
$793,521

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Va
$750,000
Yes
First
Jun 20, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$695,116
$135,884
16%
84%
$4,497/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$4,997/mo
$-2,487/mo
3.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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