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$520,000

NAL Estimated Property Value

1201 Shannon Drive, Cleburne, TX, 76031

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,084 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.08 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Concrete

Exterior

Exterior FeaturesDog Run
Lot Size5 acres

Building Information

Year Built1990
Garage Spaces2

Land Information

APN126.2377.00290
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 4 KEENE ACRES
Census Tract130415
Assessed Land Value$235,000
Assessed Improvement Value$275,149
Assessment Year2025

About this property

Private wooded 5 acres with beautiful 3-2-2 home & features a workshop with electricity. This secluded estate is nestled among mature trees all over, house has gorgeous curb appeal & feels like home as soon as you drive in. Living area upon entrance has grand ceilings with wood ceiling & floor to ceiling rock fireplace. Kitchen has granite countertops, breakfast bar & accent rock wall. Sunroom-office has stamped concrete and tons of windows with lots of natural light! Master is large & surrounded by windows and has a fabulous view of the wooded yard & backyard. Separate shower, soaking tub, double sinks & 2 closets in master bath. Side entry garage, carport & patio make outdoor a perfect place for entertaining!

Investor Tools

Property Icon
$520,000
Estimated Property Value
$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$854/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,649
$510,149
2025
$235,000
$275,149
$510,149
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,649
$510,149

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
4.4%

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.

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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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1201 Shannon Drive | Property Details | No Agent List