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$392,000

NAL Estimated Property Value

816 Ash St, Burleson, TX, 76028

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,174 Sq Ft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesDog Run, Rain Gutters, Private Yard

Building Information

Year Built1978

Land Information

APN126.2647.02720
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLK 24 THE GARDENS
Census Tract130222
Assessed Land Value$35,000
Assessed Improvement Value$234,341
Assessment Year2025

About this property

Excellent investment and cash flow opportunity to acquire a remodeled, full duplex with both units leased. Remodel completed in 2019 and very well maintained by current owners. Property is ready as is with paying tenants in place. Each Unit is approximately 1,077sqft and features 2 Bedrooms, 1 Bathroom, modern ceramic floor tile throughout, double vanity, updated mirrors and lighting, walk in closets with double closet in primary bedroom, ceiling fans, updated kitchen with tile backsplash, refrigerators, separate utility room with built in cabinets, rear parking covered and uncovered, front porch, large parking and open area in back with side yard, and more. New HVAC system installed in 2025 in Unit 816. Additional cash flow and net income available by reducing expenses. Existing monthly leases are for $1,550 which currently includes the landlord paying for mowing and water expenses. This growing area and property sees high demand for living and tenant inquiries. Minutes from the highway, groceries, restaurants, entertainment, and schools. One side is leased as a short-term rental and available for showings. Other side is tenant occupied full time and showings for this unit will be coordinated upon executed contract.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$294,040Estimated Mortgage Balance
$97,960Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$626/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,551
$269,341
2025
$35,000
$234,341
$269,341
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,551
$269,341

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Mortgage Inc
Conventional
$296,625
No
First
Nov 19, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,040
$97,960
24%
75%
$1,779/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: Burleson

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816 Ash St | Property Details | No Agent List