$225,316
NAL Estimated Property Value1114 Davis Street, Cleburne, TX, 76033
Off Market
Property Lead Type:
BankruptcyOff-Market ListAbsentee OwnerHigh EquityVacant Homes
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringCeramic Tile, Laminate
Exterior
Exterior FeaturesStorage
Building Information
Year Built1964
Garage Spaces2
Land Information
APN126.2830.00130
Lot Number7
Land UseResidential
Legal DescriptionLOT 7 BLK 2 DARDEN-SIMPSON
Census Tract131100
Assessed Land Value$47,500
Assessed Improvement Value$177,816
Assessment Year2025
About this property
HUD owned property. Case #513-244226. HUD properties are sold As-Is. Broker must be registered with HUD to sell property. No repairs or alterations until after closing & funding. Charming single story brick home with inviting curb appeal and plenty of space to enjoy inside and out. This property features two living areas, a two car garage, and a large backyard complete with a storage shed and spacious open patio that is perfect for entertaining.
Investor Tools
$225,316
Estimated Property Value
$377,006Estimated Mortgage Balance
$225,316Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,352 /month
Positive
Cash Flow Estimate:
$451 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,024
$225,316
2025
$47,500
$177,816
$225,316
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,024
$225,316
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Open End Mortgage / Open End With Future Advance Clause
$214,861
No
First
Mar 3, 2022
Apr 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,006
N/A
0%
167%
$2,369/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,369/mo
$-442/mo
10.3%
