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Burleson 76028 Meadow Crest Estates
724 Blue Marlin Drive
$227,000
● House - Off Market

724 Blue Marlin Drive

Burleson, TX 76028
bedrooms
3 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
1,765 Ft²
$304,902
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Totally remodeled home home in great Burleson neighborhood, this 3 bedroom home with study has a lot to offer.  Home has new interior and exterior paint, new flooring, new plumbing fixtures and light fixtures and brand new HVAC system.  Nice sized kitchen, lots of cabinets, with island and eat in area. Kitchen also features granite countertops and stainless appliances, new granite in bathrooms as well.  Large backyard with storage building. Covered back porch with nice sized yard. Located close to shopping and schools. Home feels brand new with all upgrades!
Unit Size
1,765 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$125
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
2005

Payment Calculator

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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 #14352673)

Price History

Date / Event Date Event Price
Jul 1, 2020 Sold
Premium
Sold
May 28, 2020 Listed by 4D Real Estate Group $219,900
Listed by 4D Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • 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: 420
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,080
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,765
  • Building Area: 1,765
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,765
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW CREST EST SEC 7
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 12 BLK 9 MEADOW CREST EST SEC 7

Neighborhood

  • School District Name: Burleson Independent School District
  • School Tax School District: BURLESON ISD
  • Census Tract: 130217

Geography

  • Assessors Map Reference: 126.2690.01825
  • Account Number: R000077336
  • Parcel: 126-2690-01825
  • Block: 9
  • Lot: 12
  • Municipality: CITY OF BURLESON
  • Latitude: 32.5377
  • Longitude: -97.3552

    Address

  • Full Address: 724 Blue Marlin Dr
  • Address - House Number: 724
  • Address - Street Name: Blue Marlin
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Burleson
  • Carrier Code: R029
  • 4-Digit Zip Code: 8144
  • Zip Code: 76028

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $585,815
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 68
  • Final Value: 322,182
  • High Value: 396,047
  • Low Value: 248,317

    Market Valuation

  • Market Total Value: $267,036
  • Market Land Value: $44,000
  • Market Improvement Value: $223,036

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $267,036
  • Assessed Land Value: $44,000
  • Assessed Improvements Value: $223,036

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Jul 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-19228
  • Previous Sale Recording Date: Feb 24, 2020
  • Previous Sale Contract Date: Feb 16, 2020
  • Previous Sale Amount: $178,500
  • 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 Meadow Crest Estates

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$158

Below Asking

0.02%

Average Days on Market

59

Average Home Size

1761 ft²

Average Home Age

21 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 309 Shane Lane, Burleson, TX, 76028

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,826 ft²
309 Shane Lane, Burleson, TX, 76028 Listing by John Teixeira
Unit for rent at 1269 Wysteria Lane, Burleson, TX, 76028

$2,025 /mo

  • 3 Beds
  • 2 Baths
  • 1,406 ft²
1269 Wysteria Lane, Burleson, TX, 76028 Listing by Chelsea Holguin
Unit for rent at 772 Hampshire Drive, Burleson, TX, 76028

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,210 ft²
772 Hampshire Drive, Burleson, TX, 76028 Listing by Thomas Lail

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Ross Dillingham, 4D Real Estate Group
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14352673
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 724 Blue Marlin Drive built and last sold?
The property at 724 Blue Marlin Drive was built in 2005 and last sold on Jul 1, 2020 for $225,900.
How much is this home worth?
The estimated value of the home located at 724 Blue Marlin Drive is $0.
What are some comparable homes to 724 Blue Marlin Drive?
There are currently no comparable homes to 724 Blue Marlin Drive.
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