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$549,000

820 Forgotten Ln, Burleson, TX, 76028

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,806 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.65 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Disposal
FlooringCarpet, Ceramic Tile, Marble, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBasketball Court, Sport Court
Lot Size3.23 acres

Building Information

Year Built1990

Land Information

APN126.2710.00085
Lot Number12
Land UseResidential
Legal DescriptionLOT 12,PT 11 OAKVIEW FARMS 126.0009.00110 ABST PT, PT EXEMPT
Census Tract130406
Assessed Land Value$193,800
Assessed Improvement Value$123,799
Assessment Year2025

About this property

Great opportunity for country life but close to I35 and access to the metroplex. This home has only had one owner and is ready to be discovered and a great opportunity to realize your family dreams. The property sits on 2.45 acres and is set back from the road for great privacy. House has a pool and pool equipment cabana and gazebo and play area. Covered parking and a large workshop next to the main house with additional storage behind. House has a nice wrap around porch, breakfast room, well equipped kitchen and formal dining that could also be converted to a 4th bedroom. A large downstairs living room with wood burning fireplace and a dry bar to one side with outside door for entertaining complete with a half bathroom. The good-sized primary bedroom has a large ensuite bathroom, garden tub, separate shower and large walk in closet and double sinks. There is a mudroom, utility room leading to the side of the house. Upstairs features a large family room with built in cabinets and two bedrooms and a full bathroom. Outside there is a concrete sports area, lots of space to develop for vehicles, storage, home based business and expansion, Ideal for a family looking for country or tradesperson to run operations from. The house is being sold- As is, no work will be performed on the property. Yard also has an irrigation well, drilled to 195ft for watering the outside and produces 4-6 gallons a minute of water. Endless possibilities await, bring your ideas and make it your own.*Information herein is deemed reliable but not guaranteed, Agent to confirm all details*

Investor Tools

$0Estimated Mortgage Balance
$1,128,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,768 /month
Positive
Cash Flow Estimate:
$2,256 /month

Interested in this property?

Michael Redmond

The Michael Group Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$559/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,072
$317,599
2025
$193,800
$123,799
$317,599
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,072
$317,599

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,128,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,510/mo
N/A
+$2,510/mo
2.7%

City: Burleson

820 Forgotten Ln | Property Details | No Agent List