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$270,000

NAL Estimated Property Value

1605 Spring Branch Drive, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
price_per_sqft$128.51 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Range, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size9,448 sqft

Building Information

Year Built1977
Garage Spaces2

Land Information

APN126.3055.00360
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 2 TOWNE NORTH
Census Tract130302
Assessed Land Value$44,000
Assessed Improvement Value$207,319
Assessment Year2025

About this property

*Investor Special* Don't miss this great opportunity to own your own flip or rental! 3 bedroom, 2 bath home with a 2 car garage, no HOA and no backyard neighbors! Pricing reflects repairs and updates needed throughout. New roof and newer flooring throughout. Home does offer a great wood burning fireplace and vaulted ceilings in the living area. Master does have a private en-suite bath along with his & her closets. Laminate in all areas but the secondary bedrooms. Secondary bedrooms have carpet.

Investor Tools

Property Icon
$270,000
Estimated Property Value
$164,016Estimated Mortgage Balance
$105,984Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,604
$251,319
2025
$44,000
$207,319
$251,319
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,604
$251,319

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp Dba Service First Mortgage Compa
Conventional
$178,600
No
First
Jan 18, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,016
$105,984
39%
61%
$1,071/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,071/mo
+$856/mo
8.6%

City: Cleburne

1605 Spring Branch Drive | Property Details | No Agent List