$234,000
NAL Estimated Property Value201 Pearl Street, Cleburne, TX, 76031
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesElectric Oven
FlooringConcrete, Other
Exterior
Exterior FeaturesStorage
Lot Size23,217 sqft
Building Information
Year Built2000
Land Information
APN126.2877.00010
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 1 R L HENDERSON
Census Tract130900
Assessed Land Value$28,500
Assessed Improvement Value$145,771
Assessment Year2025
About this property
This is a great investment opportunity! This two bedroom, one bath home sits on over one half acre and includes a detached garage-workshop. This property is being sold as is; the seller will not complete any repairs. Located just five minutes from downtown Cleburne and near the Chisholm Trail Parkway for an easy commute to downtown Fort Worth.
Investor Tools
$234,000
Estimated Property Value
$155,387Estimated Mortgage Balance
$78,613Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,404 /month
Positive
Cash Flow Estimate:
$468 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$421/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,886
$174,271
2025
$28,500
$145,771
$174,271
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,886
$174,271
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Reunion Construction Management Llc
Commercial
$165,000
No
First
Mar 28, 2023
Apr 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,387
$78,613
33%
66%
$990/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$990/mo
+$937/mo
9.9%
