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$178,000

NAL Estimated Property Value

1109 N Walnut Street, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,100 Sq Ft
price_per_sqft$115.45 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size7,976 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN126.2800.45920
Lot Number6
Land UseResidential
Legal DescriptionLOT 6 BLK 841 ORIGINAL CLEBURNE
Census Tract130700
Assessed Land Value$39,000
Assessed Improvement Value$91,908
Assessment Year2025

About this property

Wonderful move in ready 3 bedroom 2 bathroom home that was fully remodeled in 2009. Plumbing, electrical, HVAC, foundation and more have been updated in this home. Recently added fresh paint inside and exterior too. Walk into the living area that has nice laminate flooring, kitchen has updated cabinets, nice countertops, electric stove and dishwasher. 3 spacious bedrooms, master bedroom has a great sized bathroom and closet. Secondary bedrooms split between the 2nd full bathroom. All bedrooms has new carpet. One car garage space leads to the covered back porch that over looks the backyard that is tree shaded and room for the kids to play.

Investor Tools

Property Icon
$178,000
Estimated Property Value
$109,421Estimated Mortgage Balance
$68,579Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,919
$130,908
2025
$39,000
$91,908
$130,908
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,919
$130,908

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$122,417
Yes
First
Nov 25, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,421
$68,579
38%
61%
$734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$734/mo
+$722/mo
9.8%

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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