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$320,000

575 Tanglewood Dr, Burleson, TX, 76028

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.2 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Water Softener, Water Purifier
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters, Storage
Lot Size7,109 sqft

Building Information

Year Built2003
Garage Spaces2

Land Information

APN126.2603.02040
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 2 CREEKSIDE ADDITION PH IV
Census Tract130218
Assessed Land Value$46,000
Assessed Improvement Value$211,178
Assessment Year2026

About this property

Adorable, meticulously maintained 3-bedroom, 2-bath home conveniently close to downtown Burleson. Features include a 30-year architectural shingle roof with gutters, newer fencing plus wrought iron front fencing with gates, fresh interior and exterior paint, and an 8 by 12 storage shed with loft. Enjoy a screened-in back patio and sitting area with ceiling fan, plus a covered awning area extended over the back patio. Both front and back irrigation systems installed in 2026 for irrigation to the beautiful pristine yard and front flower beds. Inside, you’ll find an updated kitchen with 2026 stainless appliances, recent crown molding, updated flooring, and windows with added efficient solar screens. Additional upgrades include a recently replaced hot water heater, a RainSoft whole home water filtration system, and a leased efficient solar system with monthly credit through Reliant with no electric bills. The garage features a 5 person tornado shelter, workbench, and storage shelving, plus added attic decking and exterior solar lighting. The landscaped yard features decorative rock in the front flower beds, newer trees and the home has a professionally maintained exterior, offering comfort, efficiency, and thoughtful upgrades throughout. This home has been meticulously maintained and all the added features provide so many bonus's for it's new owner. The true pride of home ownership really shines through!

Investor Tools

$85,582Estimated Mortgage Balance
$200,418Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Nancy Vititow

Peak Point Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$273/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,852
$257,178
2026
$46,000
$211,178
$257,178
No

Tax History

Year
Tax Paid
Assessed Value
2026
$1,852
$257,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$113,374
Yes
First
Jul 27, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$85,582
$200,418
70%
30%
$680/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,600/mo
$680/mo
+$1,920/mo
10.9%

City: Burleson

575 Tanglewood Dr | Property Details | No Agent List