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B+
NoAgentList RatingHow are grades calculated? Info

$315,000

1501 Gleason Ave, Cleburne, TX, 76033

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,477 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.27 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Oven, Electric Range
FlooringCarpet, Other, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size13,338 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN126.2800.45650
Lot Number1-3
Land UseResidential
Legal DescriptionLOT 1,2,3 BLK 837 ORIGINAL CLEBURNE AKA OAK GROVE ADDITION
Census Tract131000
Assessed Land Value$62,000
Assessed Improvement Value$179,874
Assessment Year2025

About this property

This beautifully updated 4-bedroom, 2-bathroom home in Cleburne offers a perfect mix of style, comfort, and functionality. Step into a modern kitchen featuring gorgeous granite countertops, perfectly paired with new flooring throughout the main living area. A recent roof replacement (2022) and added gutters ensure peace of mind, while a cleverly designed office space in the garage provides an ideal work-from-home or hobby nook. The true highlight is the backyard oasis: a sparkling pool invites endless summer fun, with ample space for grilling, outdoor dining, and even room for a trampoline or garden. Every detail has been crafted to create a relaxing, entertainment-friendly retreat. This home isn’t just a place to live—it’s a lifestyle upgrade waiting to be enjoyed! Don't miss the opportunity to make it yours. Office in garage can be removed if buyer chooses. Seller used it as a small office or additional bedroom when needed.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$317,500Estimated Mortgage Balance
$0Estimated Equity
-26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$437/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,989
$241,874
2025
$62,000
$179,874
$241,874
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,989
$241,874

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Va
$317,500
Yes
First
Jan 9, 2025
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,995
N/A
0%
123%
$1,904/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,904/mo
+$23/mo
9.2%

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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1501 Gleason Ave | Property Details | No Agent List