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$214,900

508 Nw Newton Dr, Burleson, TX, 76028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,193 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.13 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesDishwasher, Gas Cooktop, Gas Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesStorage
Lot Size10,019 sqft

Building Information

Year Built1970
Garage Spaces1

Land Information

APN126.2607.00760
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 10 CRESTMOOR PARK
Census Tract130205
Assessed Land Value$40,000
Assessed Improvement Value$166,394
Assessment Year2025

About this property

PRICED TO SELL with a HUGE backyard in the heart of Burleson! This 3 bedroom, 2 bath home is a great opportunity for first-time buyers, downsizers, or anyone looking for an affordable home with room to make it their own. The massive backyard offers plenty of space for pets, play, entertaining, gardening, and making memories. A portion of the garage has been converted to provide additional functional space, perfect for a home office, playroom, workout area, or hobby space. Conveniently located just minutes from Old Town Burleson, shopping, dining, and I-35W for an easy commute. Competitively priced and full of potential! Homeownership may be closer than you think! Qualified buyers may be eligible for lender incentives, including as little as 1% down OR a lender-paid temporary rate buydown that lowers the interest rate by 1% for the first year.

Investor Tools

$119,225Estimated Mortgage Balance
$111,775Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

Interested in this property?

Meagan Vaughan

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,010
$206,394
2025
$40,000
$166,394
$206,394
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,010
$206,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$132,592
Yes
First
Jun 25, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,225
$111,775
48%
52%
$795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,020/mo
$795/mo
+$1,225/mo
10.5%

City: Burleson