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$179,000

122 Katy St, Cleburne, TX, 76031

$205,420 ARVInfo
PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,412 Sq Ft
price_per_sqft$126.77 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyAuctionPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,846 sqft

Building Information

Year Built2019
Garage Spaces1

Land Information

APN126.2050.01010
Lot Number1
SubdivisionVillegas Addition Iv
Land UseResidential
Legal DescriptionLOT 1 BLK 1 VILLEGAS ADDITION IV
Census Tract130900
Assessed Land Value$23,500
Assessed Improvement Value$155,930
Assessment Year2025

About this property

Welcome to Cleburne, Texas—a thriving community that perfectly blends small-town charm with modern convenience. Located just south of the Dallas-Fort Worth Metroplex, Cleburne offers a vibrant downtown, local boutiques and restaurants, beautiful parks, the scenic Cleburne State Park, and year-round community events. Residents enjoy a relaxed lifestyle with convenient access to shopping, dining, schools, healthcare, and major highways, making it an ideal place to call home. Built in 2019, this beautifully maintained 3-bedroom, 2-bathroom home offers modern comfort, energy efficiency, and move-in-ready appeal. The open-concept layout creates an inviting space for everyday living and entertaining, while the thoughtfully designed floor plan provides both functionality and comfort. One of the home's most valuable features is the fully paid-off solar panel system, offering significant long-term energy savings and lower monthly utility costs with no solar loan to assume. Combined with the benefits of newer construction, you'll enjoy peace of mind with modern systems, updated finishes, and energy-efficient features throughout. Whether you're a first-time homebuyer, looking to downsize, or searching for a low-maintenance investment, this home delivers exceptional value in one of Johnson County's most desirable and growing communities. Don't miss your opportunity to own an energy-efficient, newer home in the heart of Cleburne!

Investor Tools

$142,108Estimated Mortgage Balance
$56,122Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$205,419
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,273
$179,430
2025
$23,500
$155,930
$179,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,273
$179,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Va
$163,337
Yes
First
Oct 23, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,108
$90,892
39%
72%
$980/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$980/mo
+$947/mo
11.7%

City: Cleburne

122 Katy St | Property Details | No Agent List