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B+
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$505,000

1013 Highland Rd, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$317.7 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop

Exterior

Lot Size4.99 acres

Building Information

Year Built1998

Land Information

APN126.2878.00125
Lot Number11
Land UseResidential
Legal DescriptionLOT 11 HIGHLAND ESTATES
Census Tract130604
Assessed Land Value$199,600
Assessed Improvement Value$211,547
Assessment Year2025

About this property

Nestled just outside the Cleburne city limits, this charming 3-bedroom, 2-bathroom home offers a perfect blend of country tranquility and modern convenience. Situated on nearly 5 acres of picturesque land, this property features an expansive layout with plenty of room for outdoor activities, gardening, or even future expansion. As you step inside, you'll be greeted by a spacious living room with soaring high ceilings, creating an open and airy atmosphere. The large windows flood the room with natural light, accentuating the beautiful space. A cozy wood-burning stove (temporarily disconnected but fully functional and ready to be reconnected) adds a rustic touch and will provide warmth and ambiance on chilly evenings, or a snowpocalypse. The home includes three comfortable bedrooms, with the master suite offering a peaceful retreat. Two well-appointed bathrooms provide ample space for daily living. Whether you're hosting guests or enjoying a quiet night at home, this floor plan offers both privacy and gathering areas to suit every lifestyle. Outside, the property shines with its expansive 4.99 acres of land, fully fenced and cross-fenced, making it ideal for pets, livestock, or hobby farming. The large barn or shop is an impressive bonus, offering electricity and water access, perfect for a workshop, storage, or animal care. Whether you're an avid hobbyist, need extra space for equipment, or simply love having room to spread out, this barn is sure to impress. This home offers the perfect balance of peaceful country living with easy access to Cleburne’s amenities, schools, and major roadways. Whether you are looking for space to entertain, room for your animals, or just a serene place to unwind, this property is the ideal choice. Don't miss your chance to own this beautiful home—schedule your showing today!

Investor Tools

Property Icon
$505,000
Estimated Property Value
$0Estimated Mortgage Balance
$505,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,099
$411,147
2025
$199,600
$211,547
$411,147
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,099
$411,147

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$465,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
4.6%

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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