1208 County Road 1021BurlesonTX76028
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Total monthly income runs $6,370/mo, and a $4,649/mo payment. Purchase price stands at $949,900, and rental yield measures 8.05% with $6,370/mo rent. Return on cash invested shows 18.58% in year one, and 5% annual appreciation builds toward $262,440 over five years. Five-year ROI reaches 96.93% and total cumulative return in cash records $302,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,370/mo property income covering a $4,649/mo payment rather than investor’s personal income.
Single Family
Built in 2004
5.87 Acres lot
$N/A/sqft
No HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 31,370 (100%) |
| Owner Occupied HU | 21,837 (69.6%) |
| Renter Occupied HU | 8,282 (26.4%) |
| Vacant Housing Units | 1,251 ( 4.0%) |
| Median Home Value | $356,961 |
| Average Home Value | $396,432 |
Housing Distribution
Address Breakdown
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Price History
Date | Event | Price |
|---|---|---|
| 2024-07-25 | Listed for sale | $949,900 |
| 2016-04-07 | Sold | N/A |
| 2016-03-24 | Pending sale | $430,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-13 | $7933.74 | -13.74% | $577,651 | 6.65% |
| 2022-08-13 | $9197.12 | 6.81% | $541,610 | 10.00% |
| 2021-08-13 | $8610.63 | 2.00% | $492,373 | 10.00% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2004
- Architectural Style: Detached
- Building Area: N/A
- Living Area: 3,600 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Central, Electric
- Cooling: Central Air, Electric
- Flooring: Carpet
- Interior Features: Built-in Features, Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s)
- Exterior Features: Fire Pit, RV Hookup
- Parking Features: Driveway, Garage, Gravel, Open, Garage Faces Side
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Electricity Available, Septic Available, Water Available, Cable Available
- Sewer: Septic Tank
- Water Source: Community/Coop
- Road Surface Type: N/A
School Information
- Elementary School: Njoshua
- Middle School: Loflin
- High School: Joshua
Listed by: Nicole Shipman • The Property Shop
Mls Name: NTREIS
Mls ID: #20682955
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.