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Burleson 76028 Forest Ridge Estates
617 Parkridge Boulevard
$319,900
● House - Off Market

617 Parkridge Boulevard

Burleson, TX 76028
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,718 Ft²
$1,571
Est. Monthly

About This Property

Terrific 3 bedroom, 2 bath, 2 car garage home in coveted Oak Valley addition. Mature trees are a plus, shading the yard from our hot Texas sun. Large and comfortable living area has a beautiful wood burning fireplace, the formal dining can double as an office. Bedrooms are in a split arrangement. The big eat in kitchen has an island, and the refrigerator and wall mounted TV there will convey. The patio has been enclosed for a wonderful morning coffee, quiet space. Garage entry is front facing, but recessed for privacy. Storage shed in backyard will remain.
Unit Size
1,718 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$186
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1993

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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: 12 months ago (NTREIS #21035471)

Price History

Date / Event Date Event Price
Oct 28, 2025 Sold
Premium
Sold
Sep 22, 2025 In contract -
In contract
Sep 11, 2025 Price Decreased $319,900
↓ $10K (3%)
Price Decreased
Aug 18, 2025 Listed by On The Move Realty LLC $329,900
Listed by On The Move Realty LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • 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: 488
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,718
  • Building Area: 1,718
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,718
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OAK VALLEY ESTATES
  • Land Acres: 0000000193
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 22 BLK 3 OAK VALLEY ESTATES PH 1

Neighborhood

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

Geography

  • Assessors Map Reference: 126.2708.00810
  • Account Number: R000032125
  • Parcel: 126-2708-00810
  • Block: 3
  • Lot: 22
  • Municipality: CITY OF BURLESON
  • Latitude: 32.532
  • Longitude: -97.2985

    Address

  • Full Address: 617 Parkridge Blvd
  • Address - House Number: 617
  • Address - Street Name: Parkridge
  • Address - Suffix Type: Blvd
  • State: TX
  • City Name: Burleson
  • Carrier Code: C010
  • 4-Digit Zip Code: 6283
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $620,741
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 70
  • Final Value: 356,511
  • High Value: 433,430
  • Low Value: 279,593

    Market Valuation

  • Market Total Value: $272,796
  • Market Land Value: $55,000
  • Market Improvement Value: $217,796

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $272,796
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $217,796

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 21, 2008
  • Current Sale Recording Date: Nov 25, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 046970
  • Previous Sale Recording Date: Jun 21, 2007
  • Previous Sale Contract Date: Apr 30, 2007
  • Previous Sale Amount: $161,000
  • 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 Forest Ridge Estates

Stats & Trends

Median Asking:

$245,450

Sale Price/ft²

$208

Below Asking

0.05%

Average Days on Market

94

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 912 Hidden Oaks Drive, Burleson, TX, 76028

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,568 ft²
912 Hidden Oaks Drive, Burleson, TX, 76028 Listing by Miriam Serna-Bain
Unit for rent at 128 Se Robert Street, Burleson, TX, 76028

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,520 ft²
128 Se Robert Street, Burleson, TX, 76028 Listing by La Rena Farkas

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Susan Evitt Smith, On The Move Realty LLC
Last Updated: 12 months ago
Data Source: NTREIS MLS, MLS# 21035471
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 617 Parkridge Boulevard built and last sold?
The property at 617 Parkridge Boulevard was built in 1993 and last sold on Nov 21, 2008 for $149,900.
How much is this home worth?
The estimated value of the home located at 617 Parkridge Boulevard is $0.
What are some comparable homes to 617 Parkridge Boulevard?
There are currently no comparable homes to 617 Parkridge Boulevard.
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