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$182,500

816 Blue Ridge Dr, Burleson, TX, 76028

$235,563 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.99 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage

Building Information

Year Built1995
Garage Spaces2

Land Information

APN126.2567.00390
Lot Number15
Land UseResidential
Legal DescriptionLOT 15 BLK 2 CEDAR RIDGE PH IA
Census Tract130216
Assessed Land Value$46,000
Assessed Improvement Value$234,915
Assessment Year2025

About this property

Completely updated, move in ready magnolia inspired home in BISD. This 3 bed 2 bath has it all. Designer paint, lighting, granite, new carpet, cedar beam and mantel, fireplace, laminate flooring and tile. Foyer features industrial light and coat hooks. Large living has great floors, upgraded fan, and brick fireplace to anchor the space. Eat in kitchen has nice windows, granite, ss appliances, touch faucet, and undermount sink. Master ensuite is a dream with walk in tiled shower. Secondary bedrooms and bath are generously sized. Back covered patio is the perfect place to relax with cedar trim ceiling, recessed lighting, surround sound and fans. Storage shed, lush landscaping and a spot for the fire pit.

Investor Tools

Property Icon
$280,915
Estimated Property Value
$91,129Estimated Mortgage Balance
$219,520Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$235,562
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,685 /month
Positive
Cash Flow Estimate:
$562 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,453
$280,915
2025
$46,000
$234,915
$280,915
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,453
$280,915

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cendera Funding Inc
Fha
$91,129
Yes
First
Apr 13, 2012
May 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,395
$219,520
78%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
N/A
+$2,020/mo
8.6%

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 Blue Ridge Dr | Property Details | No Agent List