$497,500
●
House -
Off Market
1247 Rainer Drive
Burleson, TX 76028
4 Beds
0 Bath
2,388 Ft²
$3,463
Est. Monthly
$25
HOA / Fees
3.10%
Cap Rate
About This Property
Welcome to this stunning 4-bed, 3-bath home in Burleson ISD!
Designed with quality and convenience in mind, the home offers a
flexible floorplan, with a dedicated study that can function as a
5th bedroom. Just minutes from I-35, this home makes commuting easy
while providing a spacious retreat. The open living space features
wood plank tile flooring, a 42 in. gas fireplace and open views for
miles. The gourmet kitchen features a 5-burner gas cooktop, and
stunning granite and quartz countertops with a waterfall edge.
Enjoy the spacious primary suite, boasting an oversized shower with
dual showerheads for a spa-like experience. Other high-end finishes
include brushed nickel hardware, 8-ft interior doors,
color-changing LED lighting in kitchen, wifi and Alexa controlled
window shades and, a 240-Volt EV outlet in the garage. Thoughtful
extras like an eave outlet with a programmable timer for exterior
Christmas lights add to its appeal. The large backyard, full
irrigation system, and energy-efficient foam insulation make this
home ideal for families seeking style, comfort, and functionality
Unit Size
2,388 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$209
Property Type
House
Property Taxes
$983
HOA Dues
$25
Year Built
-
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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: 2 years ago (NTREIS #20775555)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Nov 19, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Realty Of America, LLC | $499,900 | |
| Listed by Realty Of America, LLC | |||
| Jul 31, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by Century 21 Mike Bowman, Inc. | $485,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
| | |||
|
Welcome Home! This beautiful 4 bed 3 bath new construction home was thoughtfully designed right in the growing city of Burleson. With 2,335 square feet & a lot of backyard space makes this a perfect home for any family! You can use the study as a 5th bedroom if you choose to! Being only 4 minutes away from highway 35 makes this home great for your commute to work! This home has a very open living area with plenty of kitchen space for all of your cooking desires, with tile & laminate flooring in the main areas & carpet in the bedrooms! Brush nickel hardware & light fixtures. This home offers many great features such as a tankless water heater, Wi-Fi programmable thermostat, 42” gas fireplace, 8ft interior doors, 5 burner gas cooktop, full irrigation system, foam insulation, & many more! 5k realtor bonus & 5k buyer closing cost incentive! Stop by & see your future home today!
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Jonathan Cook, Realty Of America, LLC
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20775555
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 20775555
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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