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$141,000

1700 Melissa Lane, Cleburne, TX, 76031

$153,382 ARVInfo
Off MarketInfo
Baths2 Bath
Baths1,218 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$98.52 / sqft
Year BuiltBuilt in 1982

Highlights

Interior

Bathrooms 2Bathrooms 2
AppliancesElectric Range
FlooringCarpet, Vinyl

Exterior

Lot Size1.12 acres

Building Information

Year Built1982

Land Information

APN126.3053.00250
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 3 THORNBIRD ESTATES S# 01540175S L# TXS0620037
Census Tract130304
Assessed Land Value$70,560
Assessed Improvement Value$5,832
Assessment Year2025

About this property

Beautiful property in the country but close to life's necessities. Possible income producing property.

Investor Tools

Property Icon
$141,000
Estimated Property Value
$0Estimated Mortgage Balance
$63,502Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$153,382
Rent-to-Value Ratio: 0.72%
Rent Estimate
$846 /month
Positive
Cash Flow Estimate:
$282 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,447
$76,392
2025
$70,560
$5,832
$76,392
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,447
$76,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Commercial
$80,000
No
First
Aug 29, 2024
Sep 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$77,498
$63,502
45%
55%
$480/mo

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.

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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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1700 Melissa Lane | Property Details | No Agent List