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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 423 Parkview Dr, Burleson, TX, 76028 offers a 9.7% rental yield on a $259,900 purchase with $2,100/mo rent. Total monthly income registers $2,100/mo, and a $1,272/mo payment leaves $252/mo available for distribution. Annual cash flow reaches $3,023/yr on $86,157 to close, and return on cash invested stands at 23.42% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 122.87% and total cumulative return in cash at $105,862. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
8,363 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-06-06 | Listed for sale | $259,900 |
| 2020-04-13 | Sold | N/A |
| 2020-03-27 | Pending sale | $165,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-06 | N/A | N/A | $203,047 | 10.00% |
| 2023-06-06 | $2887.43 | -19.53% | $184,588 | 10.00% |
| 2022-06-06 | $3588.35 | 0.48% | $167,807 | 10.00% |
Listed by: Wendell Hodges • RE/MAX Associates of Arlington
Mls Name: NTREIS
Mls ID: #20953778
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.
