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$223,000

NAL Estimated Property Value

1501 E Henderson St, Cleburne, TX, 76031

$278,405 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,846 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.05 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size13,068 sqft

Building Information

Year Built1966
Garage Spaces2

Land Information

APN126.0124.21660
Land UseResidential
Legal DescriptionABST 124 TR 166 C CHANEY
Census Tract130304
Assessed Land Value$26,136
Assessed Improvement Value$63,959
Assessment Year2025

About this property

Fully renovated 3 bedroom, 2 bath, 2 living areas, home offering over 1,800 sq ft of living space on a private, tree-filled 3rd of an acre lot. This property has no close neighbors and includes a solid detached garage. Major updates throughout the home provide peace of mind and truly move in ready living. Recent renovations include a brand new lifetime roof, completely rebuilt pier and beam foundation with all new subfloor, and new plumbing, water lines, sewer lines, and fixtures throughout. The home also features upgraded 200 amp electrical service and all new lighting. The remodeled kitchen offers new cabinet doors, granite countertops, stainless steel appliances, and updated finishes. Bathrooms include new vanities with granite counters, new tile shower surrounds, new mirrors, and new lighting. Interior updates continue with new vinyl plank flooring in the main areas and new carpet in the bedrooms. The lot feels larger than its size and offers excellent privacy with mature trees. Nice sized detached shop. It’s older but has some great potential. Priced to sell. Come see it before it’s gone.

Investor Tools

Property Icon
$223,000
Estimated Property Value
$217,304Estimated Mortgage Balance
$5,696Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$278,405
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,189
$90,095
2025
$26,136
$63,959
$90,095
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,189
$90,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Conventional
$218,250
No
First
Feb 12, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,304
$5,696
2%
97%
$1,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,309/mo
+$618/mo
10.4%

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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1501 E Henderson St | Property Details | No Agent List