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Burleson 76058
1149 Indigo Lane
$320,000
● House - Off Market

1149 Indigo Lane

Burleson, TX 76058
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,238 Ft²
$471,426
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

JUST IN TIME FOR SUMMER! This custom-built one of a kind home has it all. Let summer melt away with a nice swim in the pool or hang out with family or friends on the covered patio watching your favorite show. A few key features are wood flooring in the entry, living room, kitchen, and dining area. Found in the kitchen are above and under cabinet kitchen lighting, granite countertops, s.s. appliances and a farm-style sink. The media room has custom-built in-ceiling speakers as does the master bedroom, kitchen, living room, and backyard covered patio. One of the coolest features this house has can't be seen, it's the custom AV system throughout the house that can be operated with an iPad or iPhone. NO HOA!
Unit Size
2,238 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2016

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14351132)

Price History

Date / Event Date Event Price
Jul 3, 2020 Sold
Premium
Sold
May 27, 2020 Listed by JP and Associates Fort Worth $340,000
Listed by JP and Associates Fort Worth

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,801
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,238
  • Building Area: 2,238
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,238
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLUEBIRD MEADOWS PHASE 1
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 7 BLK 3 BLUEBIRD MEADOWS PHASE 1

Neighborhood

  • School District Name: Joshua Independent School District
  • School Tax School District: JOSHUA ISD
  • Census Tract: 130214

Geography

  • Assessors Map Reference: 126.4989.03070
  • Account Number: R000092991
  • Parcel: 126-4989-03070
  • Block: 3
  • Lot: 7
  • Municipality: CITY OF BURLESON
  • Latitude: 32.4689
  • Longitude: -97.4129

    Address

  • Full Address: 1149 Indigo Ln
  • Address - House Number: 1149
  • Address - Street Name: Indigo
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Joshua
  • Carrier Code: R011
  • 4-Digit Zip Code: 1130
  • Zip Code: 76058

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $961,396
  • Tax Rate Code Area: 5

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 400,231
  • High Value: 484,834
  • Low Value: 315,629

    Market Valuation

  • Market Total Value: $357,949
  • Market Land Value: $30,000
  • Market Improvement Value: $327,949

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $357,949
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $327,949

    Sales

  • Current Sale Contract Date: Jul 03, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-19428
  • Previous Sale Recording Date: Jan 27, 2017
  • Previous Sale Contract Date: Jan 26, 2017
  • Previous Sale Amount: $315,500
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burleson

Stats & Trends

Median Asking:

$334,900

Sale Price/ft²

$172

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2091 ft²

Average Home Age

26.5 years

Currently For Sale

192 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 117 N Broadway Street, Joshua, TX, 76058

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,904 ft²
117 N Broadway Street, Joshua, TX, 76058 Listing by Vanessa Gamiz

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Michael Flowers, JP and Associates Fort Worth
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14351132
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1149 Indigo built and last sold?
The property at 1149 Indigo was built in 2016 and last sold on Jul 3, 2020 for $392,800.
How much is this home worth?
The estimated value of the home located at 1149 Indigo is $0.
What are some comparable homes to 1149 Indigo?
There are currently no comparable homes to 1149 Indigo.
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