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$589,000

$590,000

1188 Riverwood Trail, Cleburne, TX, 76033

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,581 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.21 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesWater Purifier, Dishwasher, Electric Cooktop, Electric Range, Microwave, Convection Oven

Exterior

Exterior FeaturesPlayground, Private Yard
Lot Size1.01 acres

Building Information

Year Built2018
Garage Spaces2

Land Information

APNR000012123
Lot Number9
Land UseResidential
Legal DescriptionACRES: 1.010 LOT: 00009 SUBD: RIVERWOOD ESTATES ABST: A87-RW
Census Tract000101
Assessed Land Value$45,450
Assessed Improvement Value$506,340
Assessment Year2025

About this property

Built in 2018 and located in Somervell County within the highly sought-after Glen Rose ISD, this exceptionally maintained 4-bedroom, 2.5-bath home offers 2,581 square feet of move-in-ready living space. A standout value add of the property is the brand new, certified Impact-Resistant roof installed in Fall 2025, which provides immediate peace of mind and substantial premium savings on homeowner’s insurance. Inside, the spacious and inviting floor plan is immaculate and completely turnkey. The home also offers excellent commuting convenience, providing quick access to the Metroplex via the Chisholm Trail Parkway. The exterior boasts premium upgrades designed for ultimate outdoor living. A massive, newly added concrete patio serves as the perfect entertainment space, surrounded by beautiful, mature oak trees, a new cedar and iron privacy fence, and beautiful sod with dedicated irrigation. Storage is effortless with a large garden shed ideal for riding mowers and yard equipment, while a charming new front paver patio and updated landscaping deliver excellent curb appeal. Delivering a rare blend of modern upgrades, functional space, and an ideal location, this property is entirely move-in ready. Sellers will include a 1-yr home warranty with the purchase of the home.

Investor Tools

$559,575Estimated Mortgage Balance
$24,425Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,534 /month
Positive
Cash Flow Estimate:
$1,178 /month

Interested in this property?

Dot Drugan

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$572/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,948
$551,790
2025
$45,450
$506,340
$551,790
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,948
$551,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy One Lending
Va
$571,353
Yes
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$559,575
$24,425
4%
96%
$3,426/mo

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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1188 Riverwood Trail | Property Details | No Agent List