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$175,526

NAL Estimated Property Value

1602 N Brazos Ave, Cleburne, TX, 76031

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.89 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

Exterior

Lot Size10,650 sqft

Building Information

Year Built1953

Land Information

APN126.2970.00090
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 6 RICES SUBDIVISION AKA LOT 1 BLK 669 MORGANS SECOND ADDN
Census Tract130900
Assessed Land Value$43,000
Assessed Improvement Value$132,526
Assessment Year2025

About this property

COMPLETELY REMODELED HOME IN CLEBURNE! This home has been updated with ALL NEW HVAC, roof, windows, siding, paint (inside and out), cabinets, wood flooring, carpet, tile, stainless steel appliances, light fixtures, plumbing fixtures and more! Large living room and dining area and a kitchen with new butcher block countertops, subway tile backsplash and plenty of cabinets. New tile in the bathroom and a brand new vanity. Great size lot with a large fenced in backyard. Come buy this home before it's gone in the rapidly growing Cleburne!

Investor Tools

Property Icon
$175,526
Estimated Property Value
$168,132Estimated Mortgage Balance
$7,394Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,053 /month
Positive
Cash Flow Estimate:
$351 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,914
$175,526
2025
$43,000
$132,526
$175,526
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,914
$175,526

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$173,562
Yes
First
Aug 16, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,132
$7,394
4%
96%
$1,041/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,041/mo
+$886/mo
13.2%

City: Cleburne

1602 N Brazos Ave | Property Details | No Agent List