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$266,587

124 Faircrest Dr, Cleburne, TX, 76033

$346,563 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,264 Sq Ft
OfficeOffice
Year BuiltBuilt in 1998

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size28,750 sqft

Building Information

Year Built1998

Land Information

APN126.3051.00010
Lot Number1
Land UseCommercial
Legal DescriptionLOT 1 BLK 1 TEXAS ADDITION 126.5528.94003
Census Tract131100
Assessed Land Value$86,247
Assessed Improvement Value$180,340
Assessment Year2025

About this property

Position your business for visibility and growth in this highly accessible, stand-alone commercial building ideally located in the heart of Cleburne. Situated on a spacious lot with expansive paved parking and excellent street frontage, this property offers the flexibility and infrastructure to accommodate a variety of retail, showroom, service, light industrial, or specialty-use concepts! The building features a welcoming storefront entrance with large display windows—perfect for retail visibility or customer-facing operations. Inside, the front area includes a reception or checkout space with ample natural light and excellent street exposure. Behind the storefront, you’ll find a large open warehouse-workspace with high ceilings, exposed ductwork, and existing infrastructure from its prior use. The layout includes multiple private offices, storage areas, and restroom facilities, allowing for both administrative and operational functionality under one roof. This stand-alone building offers convenient access to major roadways and nearby retail corridors, providing built-in exposure and convenience for customers and employees alike. Whether you’re expanding, relocating, or launching a new venture, this versatile commercial lease space offers the visibility, flexibility, and functionality to bring your business vision to life. Schedule a tour today!

Investor Tools

Property Icon
$266,587
Estimated Property Value
$240,000Estimated Mortgage Balance
$30,454Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$346,563
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,600 /month
Positive
Cash Flow Estimate:
$533 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,944
$266,587
2025
$86,247
$180,340
$266,587
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,944
$266,587

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Investor Non-Conforming Loan
$240,000
No
First
Jun 30, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,133
$30,454
11%
89%
$1,439/mo

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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124 Faircrest Dr | Property Details | No Agent List