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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Burleson at 12844 Covey Creek Dr, Burleson, TX, 76028 offers a 2.71% rental yield on a $850,000 purchase with $1,918/mo rent. 25% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 9.35% and total cumulative return in cash at $26,158. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,918/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
1.40 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood data shown for ZIP Code: 76028, Burleson, TX area.
| 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 |
Residential
31,056
Single Family
27,405
Multi-Family
3,651
Businesses
1,604
Date | Event | Price |
|---|---|---|
| 2025-08-24 | Listed for sale | $850,000 |
| 2025-02-03 | Sold | N/A |
| 2024-12-20 | Contingent | $175,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-25 | $1371.31 | 2.39% | $80,500 | 3.60% |
| 2023-08-25 | $1339.33 | 41.17% | $77,700 | 63.24% |
| 2022-08-25 | $948.76 | -4.35% | $47,600 | N/A |
Listed by: Christina Chambliess • x2 Realty Group
Mls Name: NTREIS
Mls ID: #21040934
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.
