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$346,000

1721 Lakeway Dr, Cleburne, TX, 76033

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,298 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.31 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Building Information

Year Built2008
Garage Spaces2

Land Information

APN126.3720.04110
Lot Number11
Land UseResidential
Legal DescriptionLOT 11 BLK 4 CROSS CREEK ESTATES SECT ONE
Census Tract130602
Assessed Land Value$67,000
Assessed Improvement Value$252,470
Assessment Year2025

About this property

Buyer terminated due to appraisal. Appraisal did meet value at $350k! Sellers is looking to close ASAP with a short leaseback possibly. Stunning Two Story Brick & Stone Home in a quaint subdivision. This home has an amazing layout! Home features a beautiful spiral staircase in the entry and multiple living spaces. Desired layout with 4 Bedrooms 2.5 Baths, 2 Living Areas, Study-Library, Formal, Breakfast Bar & Eat In Kitchen, Granite counters, & split bedrooms. This property is located in a desired neighborhood - close to Cleburne lake, country, schools, and just minutes to shopping and entertainment. New downstairs AC Unit in 2021, new garbage disposal and freshly painted! Come & See you will not be disappointed!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$362,600Estimated Mortgage Balance
$9,326Estimated Equity
-5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$738/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,123
$319,470
2025
$67,000
$252,470
$319,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,123
$319,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Va
$362,600
Yes
First
Jul 18, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$336,674
$9,326
2%
97%
$2,174/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$2,474/mo
$-547/mo
6.7%

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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1721 Lakeway Dr | Property Details | No Agent List