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$259,999

1302 Grand Avenue, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,485 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.08 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Vented Exhaust Fan
FlooringCeramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size19,123 sqft

Building Information

Year Built1954
Garage Spaces2

Land Information

APN126.3005.00120
Lot Number7R
SubdivisionScruggs
Land UseResidential
Legal DescriptionLOT 7R1 BLK 1 SCRUGGS
Census Tract130700
Assessed Land Value$28,000
Assessed Improvement Value$224,977
Assessment Year2025

About this property

Quaint 1950's, remodeled home with the original hardwood flooring throughout that has be redone. Sits on a corner, treed lot. You'll love the covered front porch and curb appeal with the big picture window and awnings. The kitchen boasts granite counter tops, subway tile and 4 year old appliances. There are 3 bedrooms with 2 fully remodeled baths with decorative cabinets, one being an on suite bath. The front living room could also have a dining room in it as well, with two decorative chandeliers. It has a separate good sized utility room. The home has been well maintained, including fresh paint inside, foundation recently adjusted, French drains added to run to the street, a new deck off the back that leads to the spacious, fenced back yard and big patio for entertaining. You will love the charm of this cute, updated home. It also has a detached garage and a carport with extra storage space. Come check it out today! Sold as is.

Investor Tools

Property Icon
$252,977
Estimated Property Value
$0Estimated Mortgage Balance
$1,933Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,228
$252,977
2025
$28,000
$224,977
$252,977
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,228
$252,977

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$260,200
Yes
First
Aug 9, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,044
$1,933
0%
99%
$1,617/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,617/mo
+$310/mo
9.1%

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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1302 Grand Avenue | Property Details | No Agent List