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$233,000

NAL Estimated Property Value

938 Walnut St, Burleson, TX, 76028

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,220 Sq Ft
DuplexDuplex
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters
Lot Size3,916 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN26271-8-21
Lot Number21
SubdivisionMistletoe Hill Ph I & Ii
Land UseResidential
Legal DescriptionMISTLETOE HILL PH I & II BLOCK 8 LOT 21
Census Tract111030
Assessed Land Value$30,000
Assessed Improvement Value$152,318
Assessment Year2025

About this property

Hard to find a 3-2 with a full 2 car garage in this rent price range. Nice floor plan and great location close to the freeway, shopping and restaurants. All bedrooms have walk-in closets. No yard work as that is taken care of by the owner. Notice these amenities, facilities & features you get for Mistletoe Park-Exercise Stations, Pavilion, Picnic Area, Playground, Walking Trail & Mistletoe Hill is a 6-acre park with 3 acres of an open playfield. Walking Trail Information: Mistletoe Park-.3 miles

Investor Tools

Property Icon
$233,000
Estimated Property Value
$232,451Estimated Mortgage Balance
$549Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$879
$182,318
2025
$30,000
$152,318
$182,318
No

Tax History

Year
Tax Paid
Assessed Value
2024
$879
$182,318

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nvestor Funding Inc
Conventional
$249,900
No
First
Aug 29, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,451
$549
0%
100%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$1,499/mo
+$521/mo
10.4%

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.

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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938 Walnut St | Property Details | No Agent List