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Owner Contacts

$392,000

NAL Estimated Property Value

8220 County Road 518, Burleson, TX, 76028

Off Market

3 Beds

2 Bath

1,859 Sq Ft

Single Family Residence

$185.58 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Refrigerator

FlooringCeramic Tile, Laminate, Tile

Exterior

Exterior FeaturesStorage

Lot Size32,670 sqft

Building Information

Year Built1985

Garage Spaces2

Land Information

APN126.2629.00040

Lot Number4

Land UseResidential

Legal DescriptionLOT 4 BLK 1 ELMWOOD ESTATES

Census Tract130406

Assessed Land Value$66,000

Assessed Improvement Value$262,728

Assessment Year2025

About this property

WOW! NEW PRICE & NEW wood styled flooring & paint for the living room with center wall fireplace, adjoining tile floored dining area wrapped with bay window and open to breakfast bar kitchen lined with cabinets, solid surface countertops and refrigerator stays with walk in pantry and only steps to separate washer dryer area and side entry garage access. Across the home is a split master bedroom adjacent to double sink vanity bath with separate shower and tub plus separate his and her closets. A hall bath serves the other two bedrooms. All bedrooms have ceiling fans and tiled flooring. No carpet for this home. The GENEROUS TREED .75 acre lot offers a STORAGE SHED 12x16 and SEPARATE BLDG 30x20 currently used for party room with window unit, built in bar area and pool table space. This building could easily convert to a GREAT WORKSHOP , MOTHERinLAW QUARTERS or whatever need for the free standing building with electric service. DOUBLE CAR SIDE ENTRY GARAGE plus DOUBLE CAR CARPORT.

Investor Tools

$392,000

Estimated Property Value

$280,662Estimated Mortgage Balance

$111,338Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,352 /month

Positive

Cash Flow Estimate:

$784 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$517/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,240

$328,728

2025

$66,000

$262,728

$328,728

Tax History

Year

Tax Paid

Assessed Value

2025

$4,240

$328,728

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$297,000

First

May 27, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$280,662

$111,338

28%

72%

$1,781/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,510/mo

$1,781/mo

+$729/mo

7.7%

Learn About the Market: Opportunity in Texas

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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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