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Days788Days on Market
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$615,000

1521 County Road 1107b, Cleburne, TX, 76031

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$984 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range

Exterior

Lot Size1 acre

Building Information

Year Built1950

Land Information

APN126.0753.00190
Land UseResidential
Legal DescriptionABST 753 TR 8 A H SEVIER 126.0753.00190 AG
Census Tract130603
Assessed Land Value$17,500
Assessed Improvement Value$123,011
Assessment Year2025

About this property

Country living at its finest - You will LOVE living on this massive tract of land, which is almost 17 full acres, in the quickly growing Cleburne, Texas. The property is ready for its new owner to build a custom home or just enjoy the peace and serenity in the brand-new guest house that comes equipped with a pocket door, a full-sized bedroom, full bathroom with laundry, a full-sized kitchen, loft area, and outdoor shower! Other lot features include city water, a custom chicken coop, tree-lined driveway, no flood zone, a fully stocked pond, and a new electric line run from the street. Another amazing feature about this property is its currently AG EXEMPT, so your tax bill will be low while continuing to maintain the exemption as you build your dream home. Located just 10 minutes from downtown Cleburne and H-E-B, and just 15 minutes from Chisholm Trail Parkway, this area continues to see rapid expansion and increases in land and property values. The roads out to the property are currently being redone as well. Zoned to the sought-after Rio Vista ISD - You really don't want to miss this one!

Investor Tools

Property Icon
$375,000
Estimated Property Value
$0Estimated Mortgage Balance
$375,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

Interested in this property?

Harrison Sharp

BK Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,316
$140,511
2025
$17,500
$123,011
$140,511
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,316
$140,511

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$362,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
6.2%

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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1521 County Road 1107b | Property Details | No Agent List