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Street View

$281,000

NAL Estimated Property Value

1318 Prairie Ave, Cleburne, TX, 76033

$365,300 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths3,200 Sq Ft
IndustrialIndustrial
price_per_sqft$87.81 / sqft
Year BuiltBuilt in 1980

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size42,253 sqft

Land Information

APN126.0482.00012
Land UseResidential
Legal DescriptionABST 482 TR 31 PT J J KUYKENDALL
Census Tract131000
Assessed Land Value$67,000
Assessed Improvement Value$125,855
Assessment Year2025

About this property

Check out this unique property with so much income potential. It is located in the county with no city permits required, but has city water, city sewer, and electrical available. Shop previously had a fire. Over an acre cleaned and new roof installed on the 5000 sqft building. Still needs some additional work done to the roof to seal in. Building needs doors and window coverings. Could be a great storage facility, shop for industrial business or car enthusiast, or whatever your vision would allow! Priced to sell, make an offer.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$281,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$365,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$663/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,551
$192,855
2025
$67,000
$125,855
$192,855
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,551
$192,855

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,000
100%
0%
$0/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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1318 Prairie Ave | Property Details | No Agent List