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$196,000

NAL Estimated Property Value

1010 Prairie Avenue, Cleburne, TX, 76033

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,072 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.93 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Storage
Lot Size12,968 sqft

Building Information

Year Built1978

Land Information

APN126.2800.45090
Lot Number27-28
Land UseResidential
Legal DescriptionLOT 27,28,S/2 26,N/2 26 BLK 830 ORIGINAL CLEBURNE
Census Tract131000
Assessed Land Value$62,000
Assessed Improvement Value$123,870
Assessment Year2025

About this property

Adorable home shaded by large trees features original hardwood floors updated kitchen and bath nice size rooms living room has tons of natural light. Large fenced backyard with covered patio perfect for grilling and entertaining. Good size storage building has electric and AC. Carport has been screened in but could easily be converted back to allow for covered parking.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$166,801Estimated Mortgage Balance
$29,199Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,144
$185,870
2025
$62,000
$123,870
$185,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,144
$185,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$144,337
Yes
First
Oct 23, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,801
$29,199
14%
85%
$1,111/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,111/mo
+$816/mo
11.8%

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.

Explore Texas Explore This Area
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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1010 Prairie Avenue | Property Details | No Agent List