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$429,000

1001 Morningside Dr, Burleson, TX, 76028

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.74 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Rain Gutters
Lot Size17,816 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN126.3504.15140
Lot Number14
SubdivisionMountain Valley Lake Tr C Ph4
Land UseResidential
Legal DescriptionLOT 14 BLK 15 MOUNTAIN VALLEY LAKE TR C PH4
Census Tract130211
Assessed Land Value$30,000
Assessed Improvement Value$457,150
Assessment Year2025

About this property

Welcome to this beautifully 2164 Sqft corner lot home perfectly situated in the highly sought after Joshua ISD. Boasting brand-new interior paint and plush new carpet, this residence feels like a model home. Excellent curb appeal highlighted by gorgeous landscaping and a decorative wood garage door. Step inside to an open floor plan built for entertaining and family gatherings. The heart of the home features a gorgeous kitchen with granite countertops dark-stained cabinets, walk-in pantry, stainless appliances and an abundance of prep space overlooking the main living area with decorative cozy fire place. Step into the massive primary suite showcasing dual vanities, an expansive walk-in closet, and a oversized walk-in shower. Three additional spacious bedrooms offer excellent flexibility for family, guests, or a dedicated home office space. The true showstopper is the spectacular backyard paradise, complete with a sparkling pool and hot tub, soothing water feature and 10 x 12 Tough Shed for your storage needs. . Enjoy no residential neighbors directly behind you, as the property backs up to a scenic 160+ acre horse ranch. Relax on the patio while taking in daily views of grazing horses and the occasional exotic animal. The community features a clubhouse, community pool, stocked fishing lake, a playground, and scenic walking trails. Combining high-end finishes, modern updates, and an unmatchable pastoral view, this Texas gem is a rare find. Contact us today to schedule your private tour

Investor Tools

$143,905Estimated Mortgage Balance
$343,245Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,923 /month
Positive
Cash Flow Estimate:
$974 /month

Interested in this property?

Steven Russell

DFW Realtors of Texas

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$918/month
$270/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,585
$487,150
2025
$30,000
$457,150
$487,150
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,585
$487,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Button Finance Inc
Stand Alone Second / Subordinate Position
$150,000
No
First
Jun 26, 2024
Jul 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,905
$343,245
70%
30%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
$1,170/mo
+$1,340/mo
6.2%

City: Burleson

1001 Morningside Dr | Property Details | No Agent List