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$263,000

1709 Raylene Dr, Cleburne, TX, 76033

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesBuilt-In Gas Range, Microwave

Exterior

Lot Size6,665 sqft

Building Information

Year Built1964
Garage Spaces1

Land Information

APN126.2807.00100
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 2 BARTON
Census Tract130302
Assessed Land Value$25,000
Assessed Improvement Value$51,223
Assessment Year2025

About this property

Nice 3 bedroom, 1 bath home. Recently remodeled. Large backyard. 18 yrs and over must fill out an application. $50 application fee for each. Pet approval is case by case. $500 non refundable pet fee.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$0Estimated Equity
-14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,700
$76,223
2025
$25,000
$51,223
$76,223
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,700
$76,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Bank
Commercial
$300,000
No
First
Oct 4, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$280,052
N/A
0%
106%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,799/mo
$-343/mo
6.6%

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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