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$197,000

NAL Estimated Property Value

1512 N Wilhite St, Cleburne, TX, 76031

$204,417 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,358 Sq Ft
price_per_sqft$156.66 / sqft
Year BuiltBuilt in 1930

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1

Exterior

Lot Size10,180 sqft

Building Information

Year Built1930

Land Information

APN126.2800.39300
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 746 ORIGINAL CLEBURNE
Census Tract130800
Assessed Land Value$23,500
Assessed Improvement Value$84,638
Assessment Year2025

About this property

Discover the ideal canvas for your dream home on this spacious .161-acre vacant lot, located in the heart of Cleburne, TX. This prime residential parcel offers a rare opportunity to design and build your custom residence in a well-established-tranquil neighborhood. Nestled in a quiet community, the lot provides approximately .161 acres of space, allowing ample room for your envisioned home and outdoor amenities. Convenience meets practicality as the property is equipped with essential utilities at the street, streamlining the development process. Create your personalized living space while enjoying the benefits of being in proximity to schools, essential amenities, and recreational facilities. Cleburne's ongoing growth makes this investment even more appealing, presenting the potential for future value appreciation. Per Public Tax Records Lot Dimensions are approximately: 50'x182' (See Transaction Desk) Property Lines Drawn Are Approximately. Buyer and or Buyers Agent to Verify.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$216,120Estimated Mortgage Balance
$197,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$204,417
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$283/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,411
$108,138
2025
$23,500
$84,638
$108,138
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,411
$108,138

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Commercial
$223,100
No
First
Aug 8, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,120
N/A
0%
110%
$1,338/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,338/mo
+$589/mo
11.7%

City: Cleburne