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$174,000

NAL Estimated Property Value

114 Katy St, Cleburne, TX, 76031

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$193.24 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Gas Water Heater
FlooringCarpet

Exterior

Lot Size9,017 sqft

Building Information

Year Built1960

Land Information

APN126.2800.38810
Lot Number4,5A
Land UseResidential
Legal DescriptionLOT 4, 5A BLK 698 ORIGINAL CLEBURNE
Census Tract130900
Assessed Land Value$23,500
Assessed Improvement Value$53,261
Assessment Year2025

About this property

Looking for a great starter home or investment property? This is the one! Located in a well-established neighborhood, this home offers a spacious living area as well as a large backyard perfect for entertaining. The kitchen if filled with lots of cabinet space as well as a quaint breakfast nook! Recent updates include roof, HVAC, water heater and foundation repair. Home is being sold as is.

Investor Tools

Property Icon
$174,000
Estimated Property Value
$37,896Estimated Mortgage Balance
$136,104Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,044 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,712
$76,761
2025
$23,500
$53,261
$76,761
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,712
$76,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mountain States Mortgage Centers Inc
Fha
$60,711
Yes
First
Sep 15, 2010
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,896
$136,104
78%
22%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
N/A
+$1,456/mo
10.0%

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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114 Katy St | Property Details | No Agent List