$212,000
NAL Estimated Property Value1216 N Douglas Ave, Cleburne, TX, 76033
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range
FlooringLaminate, Wood
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size7,841 sqft
Land Information
APN126.2800.33780
Lot Number3A
Land UseResidential
Legal DescriptionLOT 3A BLK 611 ORIGINAL CLEBURNE
Census Tract130700
Assessed Land Value$39,000
Assessed Improvement Value$159,303
Assessment Year2025
About this property
Charming Three Bedroom Two Full Bath home nestled in the Quite Original Cleburne Subdivision. This Great Home has a Massive Master Bedroom with Large Living and Dining area, Recently Updated Kitchen with New cabinets, Stainless appliances and Custom counter tops. Nice Back yard with large Storage Building, dual Gates for storing your Boat or Trailers, Covered Back Porch for cookouts and Entertaining. Roof has recently been replaced.
Investor Tools
$212,000
Estimated Property Value
$177,679Estimated Mortgage Balance
$34,321Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,272 /month
Positive
Cash Flow Estimate:
$424 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,784
$198,303
2025
$39,000
$159,303
$198,303
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,784
$198,303
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$189,000
Yes
First
Feb 16, 2023
Mar 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,679
$34,321
16%
84%
$1,134/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,134/mo
+$793/mo
10.9%
