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$186,830

1007 N Main St, Cleburne, TX, 76033

$242,879 ARVInfo
Off MarketInfo
Beds10 Beds
Baths3,006 Sq Ft
ApartmentApartment
price_per_sqft$62.15 / sqft
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 10Bedrooms 10
AppliancesElectric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesStorage
Lot Size28,358 sqft

Building Information

Year Built1960

Land Information

APN126.2800.02910
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLK 46 ORIGINAL CLEBURNE
Census Tract130800
Assessed Land Value$85,050
Assessed Improvement Value$101,780
Assessment Year2025

About this property

This is a six-unit Apartment Building. Each unit has an Exterior entrance and there are two units upstairs. There is one Efficiency unit, a One-bedroom unit, and four two-bedroom units. The property consists of .651 acre and it is on North Main Street or Highway 174. There is parking in front and in the rear of the property as well.

Investor Tools

Property Icon
$186,830
Estimated Property Value
$64,640Estimated Mortgage Balance
$137,890Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$358,196
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,166
$186,830
2025
$85,050
$101,780
$186,830
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,166
$186,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Bank
Commercial
$64,640
No
First
Mar 25, 2015
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,940
$137,890
73%
26%
$388/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cleburne

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1007 N Main St | Property Details | No Agent List