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Burleson 76028 Forest Ridge Estates
441 Black Oak Lane
$203,000
● House - Off Market

441 Black Oak Lane

Burleson, TX 76028
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,351 Ft²
$227,145
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST OFFERS DUE THURSDAY 30TH. 12 NOON.  

Awesome neighborhood, great investment property. Lots of potential. Foundation work done 11-2021. All paperwork in MLS documents
Unit Size
1,351 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1983

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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 #14729466)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Dec 23, 2021 Listed by The Sales Team, REALTORS DFW $210,000
Listed by The Sales Team, REALTORS DFW

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • 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: 440
  • Parking Space Count: 0
  • Patio Type: 69
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,960
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 830
  • Total Building Area: 1,351
  • Building Area: 1,351
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,351
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST RIDGE ESTATES
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 4R BLK 10 FOREST RIDGE ESTATES

Neighborhood

  • School District Name: Burleson Independent School District
  • School Tax School District: BURLESON ISD
  • Census Tract: 130220

Geography

  • Assessors Map Reference: 126.2642.00565
  • Account Number: R000029824
  • Parcel: 126-2642-00565
  • Block: 10
  • Lot: 4R
  • Municipality: CITY OF BURLESON
  • Latitude: 32.5352
  • Longitude: -97.2988

    Address

  • Full Address: 441 Black Oak Ln
  • Address - House Number: 441
  • Address - Street Name: Black Oak
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Burleson
  • Carrier Code: C010
  • 4-Digit Zip Code: 6217
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $461,124
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 288,048
  • High Value: 348,937
  • Low Value: 227,160

    Market Valuation

  • Market Total Value: $203,252
  • Market Land Value: $40,000
  • Market Improvement Value: $163,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $203,252
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $163,252

    Sales

  • Current Sale Contract Date: Jan 20, 2022
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2551
  • Previous Sale Recording Date: Mar 07, 2005
  • Previous Sale Contract Date: Feb 09, 2005
  • Previous Sale Amount: $96,300
  • 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 Forest Ridge Estates

Stats & Trends

Median Asking:

$245,900

Sale Price/ft²

$205

Below Asking

0.04%

Average Days on Market

77

Average Home Size

1075 ft²

Average Home Age

42.5 years

Currently For Sale

2 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 836 Hollow Creek Road, Burleson, TX, 76028

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,346 ft²
836 Hollow Creek Road, Burleson, TX, 76028 Listing by Tina Haislet

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Penni Boot, The Sales Team, REALTORS DFW
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14729466
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 441 Black Oak Lane built and last sold?
The property at 441 Black Oak Lane was built in 1983 and last sold on Jan 20, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 441 Black Oak Lane is $216,412.
What are some comparable homes to 441 Black Oak Lane?
There are currently no comparable homes to 441 Black Oak Lane.
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