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$339,000

1507 Cobblestone Ln, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.35 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher

Exterior

Private PoolPrivate Pool
Lot Size10,402 sqft

Building Information

Year Built1982
Garage Spaces2

Land Information

APN126.3068.02271
Lot Number28
Land UseResidential, 5 Acres Or Less
Legal DescriptionLOT 28 BLK 7 WESTHILL TERRACE 126.3068.02270 UDI EXEMPT
Census Tract131000
Assessed Land Value$30,750
Assessed Improvement Value$140,068
Assessment Year2025

About this property

PRICE IMPROVEMENT!! Bring your buyers to this cute updated 3 bedroom 2 bath home with a must-see backyard oasis! Updates include newer floors, paint and hvac. Ample bedrooms, galley style kitchen with gorgeous deep blue countertops, and a gas fireplace make this house a top contender. Step into the private backyard with a covered patio, mature trees, palms, a storage building, a hot tub, and a heated pool including a waterfall feature. Your buyers will be able to see themselves enjoying the hot Texas summers here!

Investor Tools

Property Icon
$285,000
Estimated Property Value
$78,775Estimated Mortgage Balance
$206,566Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,809
$170,818
2025
$30,750
$140,068
$170,818
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,809
$170,818

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Partial Claim Mortgage
$78,775
No
First
Feb 5, 2026
Feb 2066

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,434
$206,566
72%
28%
$473/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$473/mo
+$1,454/mo
8.1%

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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1507 Cobblestone Ln | Property Details | No Agent List