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$278,000

1323 Hemphill Drive, Cleburne, TX, 76033

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,618 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.82 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Wood

Building Information

Year Built1975
Garage Spaces2

Land Information

APN126.3072.00230
Lot Number5
Land UseResidential
Legal DescriptionLOT 5 BLK 3 WEST HOLLOW
Census Tract131000
Assessed Land Value$56,500
Assessed Improvement Value$210,863
Assessment Year2025

About this property

Welcome to 1323 Hemphill Drive in Cleburne, TX, a home that combines comfort, functionality, and small-town charm in one of the area’s most desirable and established neighborhoods. From the moment you arrive, you’ll notice the beautiful curb appeal that makes this property feel warm and inviting before you even step inside. Mature surroundings, a welcoming exterior, and a peaceful setting make this home stand out. Located within a neighborhood featuring two connected dead-end streets, this property offers a quieter, low-traffic environment that many buyers are searching for. The layout of the neighborhood creates a more private feel and provides a wonderful space for kids to safely ride bikes, play outside, or enjoy time outdoors with neighbors and friends. Inside, the home offers a spacious layout with generously sized bedrooms that provide comfort, flexibility, and room to spread out. Whether you need extra space for a growing family, guests, or a home office setup, this home delivers. The oversized bedrooms create a comfortable retreat and give the entire home a more open feel. One of the standout features of the property is the built-on sunroom filled with natural light and endless possibilities. This versatile space could easily become a plant room, reading nook, playroom, hobby space, or second living area depending on your needs and lifestyle. Step into the backyard and you’ll find even more to love. The backyard offers beautiful appeal along with a storage shed equipped with electricity — perfect for a workshop, tool storage, crafting space, or additional workspace for projects and hobbies. If you’ve been searching for a home with charm, large bedrooms, flexible living spaces, and a peaceful neighborhood setting, 1323 Hemphill Drive is one you won’t want to miss.

Investor Tools

$269,344Estimated Mortgage Balance
$4,656Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

Interested in this property?

Miranda Baligad

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,537
$267,363
2025
$56,500
$210,863
$267,363
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,537
$267,363

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Originpoint Llc
Fha
$279,837
Yes
First
May 23, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,344
$4,656
1%
98%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,678/mo
+$249/mo
8.4%

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.

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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1323 Hemphill Drive | Property Details | No Agent List