Last 24 Hours
$160,000
1298 N Fm 199, Cleburne, TX, 76033
$208,000 ARV
On Market
Just Added
— Beds
— Bath
1,259 Sq Ft
Built in 1950Property Lead Type:
ARV FlipAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size5.81 acres
Building Information
Year Built1950
Land Information
APNR000001580
Land UseResidential
Legal DescriptionACRES: 5.810 TRACT: 5 ABST: A87 A87 T STEWART
Census Tract000101
Assessed Land Value$151,060
Assessed Improvement Value$141,400
Assessment Year2025
About this property
Open countryside stretches across level ground under wide Texas skies. This parcel sits in a quiet mix of homes and working land where the horizon feels expansive. The setting invites a practical approach to building or keeping animals in a simple rural environment.
Investor Tools
$118,039Estimated Mortgage Balance
$323,961Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$353/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,026
$292,460
2025
$151,060
$141,400
$292,460
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,026
$292,460
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grandview Bank
Stand Alone First / Home Equity First Lien
$126,000
No
First
Jan 6, 2023
Mar 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,039
$323,961
73%
27%
$756/mo
12.4%