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$199,000

122 Katy St, Cleburne, TX, 76031

$213,125 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.93 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyAuctionPre-ForeclosureOff-Market ListMust-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, 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

Property Icon
$237,000
Estimated Property Value
$163,337Estimated Mortgage Balance
$95,505Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$213,125
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

Interested in this property?

Scott Kirkpatrick

Cowtown Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/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%
60%
$980/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$980/mo
+$947/mo
9.8%

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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122 Katy St | Property Details | No Agent List