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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% |
Rental property for sale in Burleson at 701 Elm Hill Blvd, Burleson, TX, 76028 priced at $1,600,000 converts $2,340/mo rent into after a $7,831/mo obligation. Total monthly income equals $2,340/mo. Return on cash invested prints -0.55% in year one, and rental yield reads 1.75% against a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation compiles into $442,051 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $7,831/mo payment, not borrower’s personal income.
Single Family
Built in 1982
24.52 Acres 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 |
|---|---|---|
| 2025-04-11 | Listed for sale | $1,600,000 |
| 2024-09-11 | Listing removed | $850,000 |
| 2024-08-26 | Price change | $1,450,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-12 | N/A | N/A | $165,365 | 20.00% |
| 2023-04-12 | $2169.71 | 15.83% | $137,804 | 32.25% |
| 2022-04-12 | $1873.13 | 58.70% | $104,202 | 8.32% |
Listed by: Heather Cross • Blue Owl Real Estate
Mls Name: NTREIS
Mls ID: #20901840
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.
