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$247,000

NAL Estimated Property Value

1206 Bales St, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,865 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.51 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size9,936 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN126.3005.00100
Lot Number6B
Land UseResidential
Legal DescriptionLOT 6B BLK 1 SCRUGGS
Census Tract130700
Assessed Land Value$22,000
Assessed Improvement Value$196,693
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bathroom, 1 car garage home in the heart of Cleburne! Situated on a great-sized lot, this property offers a backyard you simply won’t find in most new-build communities — complete with mature shade trees, a covered patio perfect for relaxing evenings, and a storage building for all your extra space needs. Inside, the spacious kitchen is designed for everyday living and entertaining alike. Whether you’re cooking dinner while helping with homework or hosting family and friends, you’ll love the large island, abundant cabinet space, coffee bar area, and stainless steel appliances. The bedrooms are great sized with large closets and the secondary bathroom even has dual sinks! The utility room is the perfect size and tucked away so you can close the door and ignore all your laundry chores. It even has a sink! This home is conveniently located just minutes from the nearest elementary school and quick access to the Chisholm Trail Parkway, this home combines comfort, space, and convenience in one fantastic package. The roof was also replaced in 2025! Come and see this home for yourself!

Investor Tools

Property Icon
$247,000
Estimated Property Value
$138,096Estimated Mortgage Balance
$109,169Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$368/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,182
$218,693
2025
$22,000
$196,693
$218,693
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,182
$218,693

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$151,800
No
First
Oct 22, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,096
$133,904
49%
56%
$911/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$911/mo
+$1,016/mo
9.4%

City: Cleburne

1206 Bales St | Property Details | No Agent List