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$273,474

1207 Stonelake Dr, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.69 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave
FlooringCeramic Tile, Slate, Vinyl

Exterior

Lot Size8,882 sqft

Building Information

Year Built1985
Garage Spaces2

Land Information

APN126.3068.02620
Lot Number13
Land UseResidential
Legal DescriptionLOT 13 BLK 8 WESTHILL TERRACE
Census Tract131000
Assessed Land Value$61,500
Assessed Improvement Value$211,974
Assessment Year2025

About this property

Multiple offers received. Highest and best offers due by 5:00 pm Thursday, June 15. Wonderful home with 3 bedrooms, 2 bathrooms, and 2 car garage close to the elemantary and intermidiate schools. This kitchen offers graninte countertops, gas cooktop, stainless appliances, undermount sink, and custom wood cabinets and flows into the dining area. The living room has custom built in entertainment center, a vaulted ceiling with recessed lights, vinyl wood floors, and a gas fireplace. Don't overlook the plantation shutters through out the home! The primary suite offers French doors leading to the backyard and the bathroom has been recently been updated with a walk in shower and new tile work. A huge bonus is the HVAC and duct work were replaced in 2020. The backyard is a great size for entertaining and has an east backyard for shade in the afternoons.

Investor Tools

Property Icon
$273,474
Estimated Property Value
$279,346Estimated Mortgage Balance
$8,592Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,677 /month
Positive
Cash Flow Estimate:
$559 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,669
$273,474
2025
$61,500
$211,974
$273,474
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,669
$273,474

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Fha
$279,346
Yes
First
Jul 14, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,882
$8,592
3%
97%
$1,675/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,675/mo
+$252/mo
8.5%

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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