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$242,000

NAL Estimated Property Value

1204 Tanglewood Drive, Cleburne, TX, 76033

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,396 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.45 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range, Gas Water Heater
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Lot Size10,938 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN126.2809.00980
Lot Number3
Land UseResidential
Legal DescriptionLT 3 PT, 4 PT BLK 7 BELLEVUE CREST
Census Tract131100
Assessed Land Value$50,500
Assessed Improvement Value$179,127
Assessment Year2025

About this property

this four bedroom two bath home is spacious. Kitchen is open to large dining area could be additional living area there is a fourth bedroom perfect for office or nursery off of the kitchen. Living area is open to dining room. other three bedrooms on the opposite side of the house with two full baths. Large fenced in back yard.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$176,708Estimated Mortgage Balance
$65,292Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,452 /month
Positive
Cash Flow Estimate:
$484 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,342
$229,627
2025
$50,500
$179,127
$229,627
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,342
$229,627

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lhm Financial Corp
Fha
$186,067
Yes
First
May 11, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,708
$65,292
26%
73%
$1,172/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,172/mo
+$1,213/mo
11.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1204 Tanglewood Drive | Property Details | No Agent List