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Burleson 76028
332 Madison Street
$394,000
● House - Off Market

332 Madison Street

Burleson, TX 76028
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,453 Ft²
$2,726
Est. Monthly
4.75%
Cap Rate

About This Property

Adorable ready for move in home in Shannon Creek. 4 Beds, 2 baths, open floorplan! This home is awesome from the moment you pull up! Awesome landscaping and just beautiful curb appeal. Open living area and main areas have hand scraped hardwood floors that are stunning. Wood burning fireplace accented with stone make the living area cozy and warm. Lots of windows make the area seem light and bright. Kitchen features granite countertops, walk in pantry, large cabinets, breakfast bar & eat in area. Primary features an ensuite, large walk in closet that steps into the utility room, separate shower, dual sinks. 4th bedroom could be an office or bedroom! Out back is a quiet covered patio and back patio is fenced off like courtyard for sippin coffee in the mornings! Don't miss out on this beautiful listing!
Unit Size
2,453 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$163
Property Type
House
Property Taxes
$762
HOA Dues
-
Year Built
2014

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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 #20705516)

Price History

Date / Event Date Event Price
Oct 16, 2024 Sold
Premium
Sold
Sep 16, 2024 In contract -
In contract
Aug 19, 2024 Listed by Wethington Agency $399,900
Listed by Wethington Agency

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,453
  • Building Area: 2,453
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,453
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHANNON CREEK PH 3B
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 4 BLK 12 SHANNON CREEK PH 3B

Neighborhood

  • School District Name: Burleson Independent School District
  • School Tax School District: BURLESON ISD
  • Census Tract: 130215

Geography

  • Assessors Map Reference: 126.2718.12040
  • Account Number: R000093905
  • Parcel: 126-2718-12040
  • Block: 12
  • Lot: 4
  • Municipality: CITY OF BURLESON
  • Latitude: 32.5242
  • Longitude: -97.3576

    Address

  • Full Address: 332 Madison St
  • Address - House Number: 332
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: TX
  • City Name: Burleson
  • Carrier Code: R001
  • 4-Digit Zip Code: 1592
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $914,557
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 403,812
  • High Value: 489,172
  • Low Value: 318,453

    Market Valuation

  • Market Total Value: $344,858
  • Market Land Value: $54,500
  • Market Improvement Value: $290,358

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $344,858
  • Assessed Land Value: $54,500
  • Assessed Improvements Value: $290,358

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-19201
  • Previous Sale Recording Date: Dec 29, 2014
  • Previous Sale Contract Date: Dec 22, 2014
  • Previous Sale Amount: $223,300
  • 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

64

Average Home Size

2140 ft²

Average Home Age

25.6 years

Currently For Sale

188 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 1305 Hearthstone Drive, Burleson, TX, 76028

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,080 ft²
1305 Hearthstone Drive, Burleson, TX, 76028 Listing by Cecilia Olivo
Unit for rent at 2435 Castle Pines Drive, Burleson, TX, 76028

$2,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,064 ft²
2435 Castle Pines Drive, Burleson, TX, 76028 Listing by Gnia Childs

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Karan Wethington, Wethington Agency
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20705516
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 332 Madison Street built and last sold?
The property at 332 Madison Street was built in 2014 and last sold on May 25, 2021 for $330,000.
How much is this home worth?
The estimated value of the home located at 332 Madison Street is $0.
What are some comparable homes to 332 Madison Street?
There are currently no comparable homes to 332 Madison Street.
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