1068 English Oak Dr · Burleson, TX 76028

$355,000

3 bd · 2.0 ba · 1,859 sqft · SingleFamily public records · 38 Days on market

Built 2019 8,625 sqft lot $191/sqft · 13% below area Est $408k · 13% under $8/mo HOA ↓ 3% since listing

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Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +13.4/15.0
• Cash flow +7.8/30.0
• Schools +4.0/10.0
• Livability +4.0/5.0
• Rent growth +2.9/5.0
• Condition / age +2.5/5.0
• 1% rule +2.0/10.0
• DSCR +1.9/10.0
• Appreciation +0.0/10.0

Listing remarks

Stunning move-in ready home walking distance to top-rated Burleson ISD schools. This beautifully maintained 3 bedroom home with a dedicated office blends modern upgrades, thoughtful details, and unbeatable convenience. With fresh finishes, premium window treatments, and a brand-new roof to be installed prior to closing (buyer’s choice of comparable 30-year laminate shingle), this home is EXACTLY what you've been looking for! Features include. .. Laminate flooring in the hallway and living room for a clean, modern look, Upgraded 5 inch baseboards add a refined, custom feel, Fresh paint throughout most of the house, Plantation shutters for timeless style and privacy, Remote-control sola

Key facts

• 8,625 sq ft lot
• 2 garage spots
• Built 2019

Tags

• GAS HOOKUP ON THE BACK PORCH

Property features AI

Finance

• Other: Deed restrictions; Multiple parcel IDs (multi-parcel); Subdivision: Oak Valley Estates
• Financial info: Listing accepts Cash, Conventional, FHA, and VA financing
• HOA & community: Mandatory HOA (Oak Valley Estates HOA); HOA management and contact available; Annual association fee (approximately $100) covering management fees

Exterior

• Parking: Driveway; Attached garage; Covered parking for 2 vehicles; 2-car garage (approx. 20' x 20')
• Utilities: City water; City sewer; Electricity connected; Underground utilities; Sidewalks
• Home design: Single-family residence; One-story; Preowned (built 2019); Smart home features available
• Construction: Brick and rock/stone exterior; Composition roof; Slab foundation; Year built 2019
• Exterior features: Covered patio/porch; Wood fencing; Corner lot; Easements for utilities

Interior

• Kitchen: Dishwasher; Disposal; Microwave; Eat-in kitchen with granite counters
• Bedrooms: 3 bedrooms (all on one level); Primary bedroom on main level
• Flooring: Carpet
• Bathrooms: 2 full bathrooms
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Open floorplan; Decorative lighting; Double vanity in bath; Eat-in kitchen; Granite counters; Cable TV available; High-speed internet available; Electric shades; Plantation shutters; Window coverings
• Laundry & utility: Utility room; Full-size washer/dryer area; Washer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $355k.

Deal economics

• At list price, monthly cash flow is $-400 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $284k (19.9% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $250k (29.7% below list).
• Recommended offer: $250k (29.7% below list) — sets the bar for 1% rule.
• Cap rate 4.9% vs local median 3.5% in Burleson — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 79/100 on livability (#53 in TX, #2,133 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Burleson ISD (suburban): math 41% / reading 48% proficiency, ranked #236 of 826 in TX (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Richard Bransom El (math 53% / reading 49%, grade C-, #818 of 4,322 statewide, top 19%, 580 students, 35% FRL) — zoned schools at 35% FRL track the district average.
• Market conditions: Rents rising (+1.8%/yr); 679 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals leasing fast (median 12d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 2,152 units permitted in Johnson County in 2024 (76 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $11k of value loss. Plan a longer hold.
• Johnson County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 38 days — a 3% lower offer ($344k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $249,533 (29.7% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 38 days. Have you received any prior offers? Is the seller open to a 30% concession, seller financing, or rate buy-down credit?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.70% ✗
• Cap rate: 4.94%
• Cash-on-cash: -4.83%
• DSCR: 0.79
• GRM: 11.9

CMA / ARV

• ARV (median comp): $408,122
• List price: $355,000
• Delta: -13.02%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
920 Monticello Dr	0.42mi	3/2.0	1,846 (-1%)	12mo	$365,000	$198	69
3700 County Road 530b	0.37mi	3/2.0	1,848 (-1%)	20mo	$890,000	$482	65
851 Valley Ridge Rd	0.33mi	4/2.0 (+1)	2,032 (+9%)	1mo	$365,000	$180	64
1138 Destrehan Dr	0.23mi	3/2.0	2,041 (+10%)	16mo	$375,000	$184	60
759 Little Ridge Ct	0.40mi	3/2.0	1,773 (-5%)	21mo	$369,900	$209	56
1304 Monticello Dr	0.51mi	3/2.0	2,041 (+10%)	7mo	$379,000	$186	55
849 Royal Oak Ln	0.74mi	3/2.0	1,849 (-0%)	12mo	$349,000	$189	54
834 Greenwood Dr	0.53mi	3/2.0	2,117 (+14%)	6mo	$355,000	$168	47
940 Tara Dr	0.39mi	4/2.0 (+1)	2,045 (+10%)	22mo	$382,500	$187	42
1000 Tarragon Dr	0.58mi	3/2.0	2,038 (+10%)	19mo	$375,000	$184	41
716 Yaupon Ct	0.65mi	4/2.0 (+1)	2,073 (+12%)	6mo	$369,900	$178	40
1237 Barberry Dr	0.50mi	4/2.0 (+1)	2,124 (+14%)	13mo	$385,000	$181	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.78% rent growth · sell at horizon

5-year hold

• IRR: -25.8%
• Equity multiple: 0.13×
• Total profit: $-86,028
• Equity at exit: $52,932

10-year hold

• IRR: -26.6%
• Equity multiple: -0.21×
• Total profit: $-119,870
• Equity at exit: $30,694

Cash invested: $99,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76028

• Home prices YoY: -33.4%
• Rents YoY: 1.8%
• Active inventory: 679
• Price-to-rent: 11.9×

Monthly cashflow live

• Estimated rent: $2,495 high
• Mortgage (P&I): −$1,862
• Tax from tax record: −$354 /mo · $4,242/yr
• Insurance: −$148
• HOA: −$8
• Vacancy / Maint / Mgmt: −$524
• Net cashflow: $-400

Break-even live

Break-even rent $3,001

Max offer price $284,373

Occupancy floor —

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $88,750
• Closing costs: $10,650
• Reserves months: —
• Total cash needed: —

Rent comps 7 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
3301 County Road 530B Burleson, TX	3.0	2.0	2207	$3,100	$1.40	1d	1	0.54mi
1125 Marigold Dr Burleson, TX	3.0	2.0	2243	$2,811	$1.25	24d	1	0.62mi
845 Royal Oak Ln Burleson, TX	3.0	2.0	1919	$2,375	$1.24	10d	1	0.74mi
845 Royal Oak Ln Burleson, TX	3.0	2.0	1919	$2,375	$1.24	12d	1	0.74mi
836 Hollow Creek Rd Burleson, TX	3.0	2.0	1346	$1,895	$1.41	20d	1	0.89mi
411 Hidden Ridge Dr Burleson, TX	3.0	2.0	2385	$2,195	$0.92	43d	1	1.00mi
1449 Bennett Dr Burleson, TX	4.0	2.0	2617	$2,850	$1.09	1d	1	1.45mi

HOA detail

• Monthly dues: $8 · $96/yr

Listing history 8 events

1. 2026-06-08
   status $355,000 Pending 38 DOM
2. 2026-06-07
   days on market $355,000 Active 38 DOM
3. 2026-06-04
   days on market $355,000 Active 35 DOM
4. 2026-06-03
   days on market $355,000 Active 34 DOM
5. 2026-06-02
   days on market $355,000 Active 33 DOM
6. 2026-06-01
   days on market $355,000 Active 32 DOM
7. 2026-05-31
   days on market $355,000 Active 31 DOM
8. 2026-04-30
   listed $365,000 Active 1247-char remark

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $4,242 · $354/mo
• Projected year-2 tax: $6,496 · $541/mo
• Expected delta: +$2,254/yr (+$188/mo · 53.1%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 4/10 Moderate
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 25 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 2 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $29,944
• − Mortgage interest: −$19,886
• − Property taxes: −$4,242
• − Insurance: −$1,775
• − Repairs & maintenance: −$2,396
• − Management: −$2,396
• − HOA: −$96
• − Depreciation: −$10,327
• Taxable loss: −$11,173
• Est. tax savings @ 24.0%: +$2,682
• After-tax cash flow: $-2,116/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Burleson ISD
• NCES district ID: 4812180
• Math proficiency: 41% ▼ -8.00%
• Reading proficiency: 48% ▼ -3.00%
• Median HH income: $69,349
• Composite: 40.05/100
• National rank: #3818
• State rank: #236 of 826 in TX

Livability — Burleson

• Score: 79/100
• State rank: #53
• US rank: #2133

Category grades

Amenities F Commute F Cost of living A+ Crime A- Employment A+ Housing A+ Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Burleson, TX
• County: Johnson County · 147,987 people
• City population: 81,549
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 81,549
• Household income: $101,138
• Rent vs Own: 22.7% rent · 77.3% own
• Severe rent burden: 1117.0

Population outlook (Johnson County) Hauer SSP2

• Today (2025): 179,678 people
• By 2030: 189,208 · +5.3%
• By 2040: 207,261 · +15.4%
• By 2050: 223,064 · +24.1%
• By 2075: 259,979 · +44.7%
• By 2100: 275,395 · +53.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (69%)
• Race & ethnicity: White 69% Hispanic / Latino 19% Two or more races 11% Black 6% Asian 1%
• Hispanic origin (detail): Mexican 17%
• Common ancestry: Lithuanian 2% Italian 2% Slovak 2%
• Foreign-born: 5% · Canada
• Languages at home: 88% English-only · Spanish 10% Other Indo-European 1%

Political lean MEDSL · Johnson

• 2024 margin: Solid R (+51.4) · D 23.9% · R 75.3%
• 2008→2024 swing: -3.9pp toward R · 2008: -47.5pp · 2024: -51.4pp
• All cycles: 2024: R+51.4 2020: R+53.0 2016: R+58.3 2012: R+55.6 2008: R+47.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -141.44%
• Current HPI: 282.466
• Rent YoY: ▲ 1.78%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-2.7% since first listed

3 events — show timeline

• 2026-06-07 Pending — NTREIS
• 2026-05-23 Price Changed $355,000 NTREIS
• 2026-04-30 Listed $365,000 NTREIS

Property tax history

+27.7%/yr

Latest (2025): $4,242 · +5.6% YoY. Source: county tax records.