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$241,218

829 Springhill Dr, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.74 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile

Building Information

Year Built1980
Garage Spaces1

Land Information

APN126.2642.00055
Lot Number8R
Land UseResidential
Legal DescriptionLOT 8R BLK 3R FOREST RIDGE ESTATES
Census Tract130220
Assessed Land Value$50,000
Assessed Improvement Value$191,218
Assessment Year2025

About this property

*FOREST RIDGE ESTATES*THIS 3 BEDROOM 2 BATHROOM REMODELED HOME IS READY FOR YOU TO MOVE IN!*FRESH PAINT*WHITE KITCHEN CABINETS & SUBWAY TILE BACKSPLASH*ELECTRIC RANGE*OPEN TO FAMILY ROOM*GRANITE COUNTERTOPS*LUXURY VINYL PLANK FLOORING*VAULTED CEILING*CEILING FANS*COAT CLOSET*ALL ELECTRIC*DEEP BACK YARD*SHED*OPEN PATIO*ONE CAR GARAGE*BUILT-IN CABINETS & WORK BENCH*NEWER WINDOWS*BLINDS THROUGHOUT*

Investor Tools

Property Icon
$241,218
Estimated Property Value
$125,000Estimated Mortgage Balance
$123,094Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,447 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,541
$241,218
2025
$50,000
$191,218
$241,218
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,541
$241,218

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bell Rock Income Fund I Llc
Commercial
$125,000
No
First
May 22, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,124
$123,094
51%
49%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$750/mo
+$1,270/mo
10.0%

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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829 Springhill Dr | Property Details | No Agent List