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$244,000

NAL Estimated Property Value

1213 Wedgewood Dr, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,587 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.66 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesStorage
Lot Size12,123 sqft

Building Information

Year Built1966
Garage Spaces1

Land Information

APN126.2809.01030
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 BLK 7 BELLEVUE CREST
Census Tract131100
Assessed Land Value$50,500
Assessed Improvement Value$181,892
Assessment Year2025

About this property

Pack your moving boxes and get your change of address ready because you are going to want to make this one yours. This pretty brick home is located in an established neighborhood, on a corner tree shaded lot. Walk through the front door you will feel the love this home has had. The holidays are almost here, invite your family and friends over because the spacious living room and dining room offers plenty of room for everyone. Working from home, or kids home schooling? Check out the size of the office. The sunrm is cozy in size and offers a freestanding fireplace. Why the price? It is so totally livable, but is caught in a 1980's timewarp. Lucky you, you can move in and make the updates of your choice.

Investor Tools

Property Icon
$244,000
Estimated Property Value
$165,919Estimated Mortgage Balance
$78,081Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$533/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,182
$232,392
2025
$50,500
$181,892
$232,392
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,182
$232,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$181,350
No
First
Nov 29, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,919
$78,081
32%
68%
$1,088/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,088/mo
+$839/mo
9.5%

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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1213 Wedgewood Dr | Property Details | No Agent List