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$388,000

NAL Estimated Property Value

1115 Berkley Drive, Cleburne, TX, 76033

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,384 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.21 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Range, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2001
Garage Spaces2

Land Information

APN126.2810.44020
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 7 BERKLEY HEIGHTS PH III
Census Tract131000
Assessed Land Value$90,000
Assessed Improvement Value$286,635
Assessment Year2025

About this property

Beautiful one story updated four bedroom home in Berkley Heights! Kitchen Aid appliances that are less than 6 months old, double oven, new flooring through most of the home, Beautiful windows that allow natural light, many new fixtures, great master suite with a jetted tub and separate shower along with a walk in closet. The three additional bedrooms are spacious with great closets as well. The two living areas are welcoming and comfortable. This is a great family home in a desirable neighborhood!

Investor Tools

Property Icon
$388,000
Estimated Property Value
$193,283Estimated Mortgage Balance
$194,717Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$708/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,558
$376,635
2025
$90,000
$286,635
$376,635
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,558
$376,635

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$218,000
No
First
Jul 10, 2020
Aug 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,283
$194,717
50%
50%
$1,308/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,308/mo
+$1,077/mo
7.4%

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.

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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1115 Berkley Drive | Property Details | No Agent List