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$245,000

1207 Lynnwood Dr, Cleburne, TX, 76033

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.76 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal

Exterior

Lot Size7,244 sqft

Building Information

Year Built1969
Garage Spaces2

Land Information

APN126.2825.00340
Lot Number11
Land UseResidential
Legal DescriptionLOT 11 BLK 4 COUNTRY CLUB ROAD
Census Tract131000
Assessed Land Value$47,000
Assessed Improvement Value$157,072
Assessment Year2025

About this property

Charming 3 bedroom, 2 bathroom home ideally situated in a well-stablished neighborhood with beautiful mature trees that has been completely remodeled! The kitchen features granite countertops, updated cabinets with plenty of room for dinning and entertaining. This property offers opportunities to enjoy Cleburne historic downtown shopping and fantastic local restaurants. Conveniently located about 12 minutes from Chisholm Trail Parkway for easy access to DFW, about 15 min from Cleburne State Park and only about 6 minutes to H-E-B groceries. A list of updates and when they were completed is available!

Investor Tools

$93,582Estimated Mortgage Balance
$136,418Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

Interested in this property?

Emma Tittle

HeartLand Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,516
$204,072
2025
$47,000
$157,072
$204,072
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,516
$204,072

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$106,650
No
First
May 29, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,582
$136,418
59%
41%
$640/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$640/mo
+$1,287/mo
10.1%

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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