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$228,000

NAL Estimated Property Value

1034 Princeton Place, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1974
Garage Spaces2

Land Information

APN126.2830.00750
Lot Number12
Land UseResidential
Legal DescriptionLOT 12 BLK 6 DARDEN-SIMPSON
Census Tract131100
Assessed Land Value$47,500
Assessed Improvement Value$161,704
Assessment Year2025

About this property

UPDATED AND LOCATED IN THE HEART OF CLEBURNE. 3 BEDROOMS 2 BATHS 2 CAR GARAGE. Brick home is nestled in beautiful mature trees in a quiet and peaceful established neighborhood with extra large backyard. Many updates include new flooring, paint inside and outside, windows, gutters and roof in 2021. No carpet. Open concept living area with brick wood burning fireplace, sun room and kitchen. Enclosed patio makes for an inviting sun room or office space. Big backyard fenced on back and sides. Sprinkler system in front & back. Located close to schools, parks, dining and shopping.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$185,810Estimated Mortgage Balance
$42,190Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,286
$209,204
2025
$47,500
$161,704
$209,204
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,286
$209,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$204,250
No
First
Aug 31, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,810
$42,190
18%
81%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,225/mo
+$702/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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