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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 508 Briarcrest Dr, Burleson, TX, 76028 uses $106,743 cash to close to unlock $4,251/yr annual cash flow and $354/mo monthly cash flow. Total monthly income runs $2,689/mo, and a $1,576/mo payment keeps the spread at $354/mo. Purchase price stands at $322,000, and rental yield measures 10.02% with $2,689/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $88,963 over five years. Five-year ROI reaches 125.62% and total cumulative return in cash records $134,095. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,689/mo property income covering a $1,576/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,842 sqft lot
$N/A/sqft
$540 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 |
|---|---|---|
| 2024-10-11 | Listed for sale | $322,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | N/A | N/A | $252,016 | 10.00% |
| 2023-10-15 | $1249.78 | -48.14% | $229,105 | 10.00% |
| 2022-10-15 | $2410.11 | N/A | $208,277 | 10.00% |
Listed by: Mindy Carnahan • League Real Estate
Mls Name: NTREIS
Mls ID: #20752379
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.
