Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$218,000

122 Ramsey Ave, Cleburne, TX, 76031

$221,105 ARVInfo
Under ContractInfo
Beds2 Beds
Baths1 Bath
Baths1,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.86 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Electric Range

Exterior

Lot Size8,712 sqft

Building Information

Year Built1953

Land Information

APN126.0124.20990
Land UseResidential
Legal DescriptionABST 124 TR 99 PT C CHANEY 122-124 RAMSEY
Census Tract130800
Assessed Land Value$23,500
Assessed Improvement Value$283,517
Assessment Year2025

About this property

**122-124 Ramsey Ave – Investor Opportunity!** Excellent investment opportunity in Cleburne! **122-124 Ramsey Ave** is a duplex with **both units currently leased and occupied**, providing immediate rental income from day one. This investor-friendly property offers **instant equity** and strong income-producing potential. Each unit features **2 bedrooms and 1 bathroom** with a functional floor plan, fresh interior paint, updated flooring, an attached carport, private storage, and a fenced backyard. These well-maintained units offer comfortable living and appeal to long-term tenants. Conveniently located near downtown Cleburne, shopping, dining, schools, and major highways, this property provides easy access to everyday amenities and commuter routes. Whether you're looking to expand your investment portfolio or purchase your first income-producing property, **122-124 Ramsey Ave** is an opportunity you won't want to miss!

Investor Tools

$175,907Estimated Mortgage Balance
$131,950Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$221,105
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,842 /month
Positive
Cash Flow Estimate:
$614 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,840
$307,017
2025
$23,500
$283,517
$307,017
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,840
$307,017

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Solera National Bank
Open End Mortgage / Open End With Future Advance Clause
$181,300
No
First
Sep 3, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,907
$131,110
42%
57%
$1,087/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

122 Ramsey Ave | Property Details | No Agent List