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$295,000

516 Parkridge Blvd, Burleson, TX, 76028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.21 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
FlooringLaminate

Exterior

Lot Size12,312 sqft

Building Information

Year Built1983
Garage Spaces2

Land Information

APN126.2642.00385
Lot Number18R
Land UseResidential
Legal DescriptionLOT 18R BLK 8 FOREST RIDGE ESTATES
Census Tract130220
Assessed Land Value$50,000
Assessed Improvement Value$181,478
Assessment Year2026

About this property

Welcome to 516 Parkridge Blvd: a fully renovated home in the heart of Burleson. This updated 3-bedroom, 2-bathroom home offers about 1200 sq ft of move-in-ready living space. The renovation includes new flooring, fresh paint, updated light fixtures, and new windows. The open living area flows into a refreshed kitchen with granite countertops, new cabinetry, and a modern backsplash. The home is close to shopping, dining, and parks, with easy access to I-35W for a quick commute to Fort Worth. Schedule your showing today!

Investor Tools

$70,248Estimated Mortgage Balance
$178,921Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Christopher Mendoza

Susy Saldivar Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,482
$231,478
2026
$50,000
$181,478
$231,478
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,482
$231,478

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Stand Alone First / Home Equity First Lien
$84,500
No
First
Jul 26, 2018
Aug 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$70,248
$178,752
71%
28%
$507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$507/mo
+$2,093/mo
12.5%

City: Burleson

516 Parkridge Blvd | Property Details | No Agent List