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$299,960

NAL Estimated Property Value

1406 Mimosa St, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,841 Sq Ft
price_per_sqft$130.31 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Building Information

Year Built1977
Garage Spaces2

Land Information

APN126.3082.01238
Lot Number30R
Land UseResidential
Legal DescriptionLOT 30R BLK 7 WESTRIDGE
Census Tract130700
Assessed Land Value$45,000
Assessed Improvement Value$254,960
Assessment Year2025

About this property

Great 3 bedroom 2 full bath home. Open living area with vaulted ceiling. Large primary bedroom with ensuite bath. Nice-sized secondary bedrooms. Spacious backyard. Storage shed conveys with the property.

Investor Tools

Property Icon
$299,960
Estimated Property Value
$232,848Estimated Mortgage Balance
$67,112Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$562/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,239
$299,960
2025
$45,000
$254,960
$299,960
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,239
$299,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Fha
$237,450
Yes
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,848
$67,112
22%
78%
$1,477/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,477/mo
+$450/mo
7.7%

City: Cleburne

1406 Mimosa St | Property Details | No Agent List