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Johnson 76028 Timber Creek Estates
3807 Timbercrest Drive W
$370,000
● House - Off Market

3807 Timbercrest Drive W

Burleson, TX 76028
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,178 Ft²
$500,165
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Beautiful one owner home on an acre! 3-2-2 with an office.  You will love the 24 x 24 workshop with electricity & roll up doors.  Oversized living room with wood burning fire place.   Many updates include:  Engineered wood flooring in living room. New carpet in 2 bedrooms. Plantation shutters,  New kitchen appliances approx. 1 year ago. Granite in Kitchen & under cabinet lighting. New HVAC unit 3 - 4 years ago & added insulation in attic.  Crown molding. Neutral paint colors.  Nice covered patio, landscaped. The home has been very well cared for.  You will feel at home from the moment you enter.
Unit Size
2,178 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$170
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14414128)

Price History

Date / Event Date Event Price
Sep 24, 2020 Sold
Premium
Sold
Aug 12, 2020 Listed by Keller Williams Realty $370,000
Listed by Keller Williams Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,200
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 2,178
  • Building Area: 2,178
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,178
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBER CREEK
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 45 BLK 2 TIMBER CREEK

Neighborhood

  • School District Name: Burleson Independent School District
  • School Tax School District: BURLESON ISD
  • Census Tract: 130406

Geography

  • Assessors Map Reference: 126.2762.00550
  • Account Number: R000034928
  • Parcel: 126-2762-00550
  • Block: 2
  • Lot: 45
  • Municipality: BURLESON
  • Latitude: 32.4955
  • Longitude: -97.2482

    Address

  • Full Address: 3807 Timbercrest Dr W
  • Address - House Number: 3807
  • Street Segment Direction: W
  • Address - Street Name: Timbercrest
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Burleson
  • Carrier Code: R016
  • 4-Digit Zip Code: 1283
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $797,433
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2077
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 491,239
  • High Value: 593,270
  • Low Value: 389,207

    Market Valuation

  • Market Total Value: $404,888
  • Market Land Value: $70,000
  • Market Improvement Value: $334,888

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $404,888
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $334,888

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021-05100
  • Previous Sale Recording Date: Sep 25, 2020
  • Previous Sale Contract Date: Sep 24, 2020
  • Previous Sale Amount: $370,000
  • 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 Timber Creek Estates

Stats & Trends

Median Asking:

$620,000

Sale Price/ft²

$230

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1900 ft²

Average Home Age

26 years

Currently For Sale

1 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 3501 E Renfro Street, Burleson, TX, 76028

$1,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,379 ft²
3501 E Renfro Street #103, Burleson, TX, 76028 Listing by Abigail Cardenas

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lagatha Baxter, Keller Williams Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14414128
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3807 Timbercrest Drive West built and last sold?
The property at 3807 Timbercrest Drive West was built in 2001 and last sold on Feb 5, 2021 for $314,300.
How much is this home worth?
The estimated value of the home located at 3807 Timbercrest Drive West is $385,407.
What are some comparable homes to 3807 Timbercrest Drive West?
There are currently no comparable homes to 3807 Timbercrest Drive West.
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