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$532,124

NAL Estimated Property Value

109 Adams Street, Cleburne, TX, 76033

Off MarketInfo
Baths0 Bath
Baths3,592 Sq Ft

Highlights

Interior

Bathrooms Full 3Bathrooms Full 3

Exterior

Lot Size20,038 sqft

Building Information

Year Built2024

Land Information

APN126.2917.00062
Lot Number6R,6R-3
SubdivisionMabry Adams
Land UseResidential
Legal DescriptionLOT 6R-3 BLK 4 MABRY ADAMS
Census Tract131100
Assessed Land Value$39,000
Assessed Improvement Value$493,124
Assessment Year2025

About this property

Almost half an acre buildable lot with utilities at the street. This lot offers mature trees and a nice surprise with a piece of Cleburne History. The historic previous observatory once hosted many visitors on this site. Inside you will find 1 large and 3 small spaces as well as a full bath. Build your home here and imagine the possibilities with the Obervatory. Would make a great workshop, storage, or storm shelter.

Investor Tools

Property Icon
$532,124
Estimated Property Value
$61,313Estimated Mortgage Balance
$470,811Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,193 /month
Positive
Cash Flow Estimate:
$1,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$373/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,817
$532,124
2025
$39,000
$493,124
$532,124
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,817
$532,124

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinncacle Bank
Open End Mortgage / Open End With Future Advance Clause
$67,920
No
First
Apr 2, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,313
$470,811
88%
12%
$408/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$408/mo
+$1,977/mo
5.4%

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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109 Adams Street | Property Details | No Agent List