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A+
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Days41Days on Market
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$705,000

$715,000

1035 Highland Rd, Cleburne, TX, 76033

$916,500 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,669 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.14 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Lighting, Storage, Garden
Lot Size4.96 acres

Building Information

Year Built2004
Garage Spaces4

Land Information

APN126.2878.00010
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 HIGHLAND ESTATES
Census Tract130604
Assessed Land Value$198,400
Assessed Improvement Value$519,130
Assessment Year2025

About this property

Discover the perfect blend of comfort, functionality, and country living at 1035 Highland Road in Cleburne, Texas. Situated on approximately 5 acres, this well-equipped property is ideal for those seeking space for horses and room to spread out. Inside, the home features an open-concept layout connecting the kitchen, dining, and living areas perfect for everyday living and entertaining. Spacious bedrooms offer flexibility, while the primary suite includes a large bathroom, generous closet space, and a hidden safe room for added peace of mind. Designed with equestrian use in mind, the property includes a horse barn with full electric, three stall runs, hay room, and wash area, along with an arena and cross-fenced pasture for grazing. Additional highlights include paid-off solar panels, a pool, extra garage space, a workshop, and a she shed with electricity—offering endless possibilities for hobbies, storage, or workspace. Enjoy the privacy of country living while still being conveniently located near town amenities

Investor Tools

Property Icon
$718,000
Estimated Property Value
$312,000Estimated Mortgage Balance
$432,548Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$916,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

Interested in this property?

Melissa Serna

Keller Williams Fort Worth

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,375
$717,530
2025
$198,400
$519,130
$717,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,375
$717,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Goodleap Llc
Conventional
$312,000
No
First
Jan 25, 2022
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,988
$432,012
60%
40%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,871/mo
+$514/mo
4.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1035 Highland Rd | Property Details | No Agent List