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$213,000

NAL Estimated Property Value

1214 S Ridgeway Dr, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.38 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesElectric Range, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size10,733 sqft

Building Information

Year Built1960
Garage Spaces1

Land Information

APN126.2825.00240
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 4 COUNTRY CLUB ROAD
Census Tract131000
Assessed Land Value$47,000
Assessed Improvement Value$123,983
Assessment Year2025

About this property

Newly renovated home located on a corner lot. This home is like new with 3 bedrooms and 2 full baths. The kitchen has new custom cabinets, granite countertops and new stainless appliances. Both bathrooms were taken all the way to the studs and everything is new. Tile surrounds in the guest bath with new vanity, fixtures and tile floor. The shower in the master is a tile shower with tile base. The rest of the bathroom has new tile floors, new vanities and all the fixtures. New flooring including carpet, tile and LVP throughout. Fresh Paint, new doors throughout and new fixtures make this home stand out from the others. It’s move-in ready and waiting for you. See it before it is gone!

Investor Tools

Property Icon
$213,000
Estimated Property Value
$206,660Estimated Mortgage Balance
$6,340Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,344 /month
Positive
Cash Flow Estimate:
$448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,812
$170,983
2025
$47,000
$123,983
$170,983
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,812
$170,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$213,675
Yes
First
Jul 31, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,660
$6,340
2%
97%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,282/mo
+$645/mo
10.9%

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.

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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1214 S Ridgeway Dr | Property Details | No Agent List