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$253,000

NAL Estimated Property Value

1303 Ridge Run Street, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,835 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.74 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesStorage
Lot Size9,962 sqft

Building Information

Year Built1984
Garage Spaces2

Land Information

APN126.2976.00510
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 3 RIDGECREST
Census Tract131100
Assessed Land Value$47,500
Assessed Improvement Value$192,235
Assessment Year2025

About this property

Located in the heart of Cleburne, this home feels like it is halfway to everywhere. It boasts of fresh paint inside and outside too. The master offers a updated bath with pretty tile, a newly installed tub, a separate shower with nice decorative tile, double sinks and newly installed lighting. Double doors lead to the covered patio to unwind on at the end of a long day. The living room features a pretty arched brick wall. The dining area is spacious enough to hold a table and a hutch too. You will enjoy the privacy the space between the bedrooms provide. The yard is large and offers a wood privacy fence, a storage building too. What are you waiting for? You know you want to see it.

Investor Tools

Property Icon
$253,000
Estimated Property Value
$274,261Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,518 /month
Positive
Cash Flow Estimate:
$506 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$434/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,943
$239,735
2025
$47,500
$192,235
$239,735
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,943
$239,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$240,562
Yes
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,261
N/A
0%
108%
$1,801/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,801/mo
+$126/mo
9.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1303 Ridge Run Street | Property Details | No Agent List