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$799,000

1633 FM-3136, Cleburne, TX, 76031

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$399,500 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7.72 acres

Building Information

Year Built2011
Garage Spaces4

Land Information

APN126.0171.00450
Land UseResidential
Legal DescriptionABST 171 TR 43A H R CRAIG
Census Tract130900
Assessed Land Value$243,149
Assessed Improvement Value$137,550
Assessment Year2025

About this property

Two homes. 8.71 acres. One incredible opportunity!! THIS IS A PACKAGED LISTING FOR THE 2 HOMES ON THE TOTAL 8.71 ACRES. THEY ARE LISTED SEPARATELY ON MLS # 21269609 & 21270054 - THEY CAN BE PURCHASED AS ONE OR INDIVIDUALLY. Multigenerational living or investment portfolio expansion starts right here on FM 3136 in Cleburne, Texas. This rare two-home property offers 8.71 unrestricted acres with two separate residences this is ideal for extended families who want to live close without living on top of each other, or investors looking to add instant cash flow to their portfolio. The main home at 1633 FM 3136 is a 4-bedroom, 2-bathroom, 2-car garage residence with a whole-home generator powered by an on-site propane supply. So when the power goes out for everyone else, it stays on for you. The second home at 1625 FM 3136 is a 3-bedroom, 2.5-bathroom, 2-car garage residence featuring updates including new luxury vinyl plank flooring, a refreshed kitchen with new backsplash and epoxy countertops. Both homes are move-in ready and waiting for your personal touch. Bring the horses. 8.71 acres gives you the room to do it right, spread out, build a barn, fence a pasture, or simply enjoy the wide-open space that Johnson County land like this delivers. No cramped subdivision lots here. Property Highlights: Two separate homes on 2 parcelS — 8.71 total acres, one is 7.71acres withthe 4 bedroom home and the other is on 1 acre. 4-2-2 at 1633 FM 3136 with whole-home propane generator 3-2.5-2 at 1625 FM 3136 with updated LVP flooring, kitchen backsplash, and epoxy countertops Horse property — room to build and expand Perfect for multigenerational families or buy-and-hold investors Located in Cleburne, Texas (Johnson County)

Investor Tools

$0Estimated Mortgage Balance
$550,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

Interested in this property?

Debby Miller

Christie's Lone Star

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$768/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,467
$380,699
2025
$243,149
$137,550
$380,699
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,467
$380,699

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$550,000
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
4.2%

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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1633 FM-3136 | Property Details | No Agent List