NoAgentList RatingHow are grades calculated?

192Days on Market

1view

$249,000

$254,000

220 W Wardville St, Cleburne, TX, 76033

On Market

Price Drop

4 Beds

2 Bath

2,074 Sq Ft

Single Family Residence

$120.06 / sqft

Built in 1918

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave

FlooringVinyl

Exterior

Lot Size6,970 sqft

Building Information

Year Built1918

Garage Spaces1

Land Information

APN126.2800.28690

Lot Number6

Land UseResidential

Legal DescriptionLOT 6 BLK 539 ORIGINAL CLEBURNE

Census Tract131100

Assessed Land Value$28,000

Assessed Improvement Value$154,782

Assessment Year2025

About this property

**Seller will pay $4000.00 towards buyer(s) closing cost or 2-1 rate buydown!** A Beautiful Taste of History with all the luxury of modern updates! This amazing 4-bedroom 2-bath home feels almost brand-new and has been completely remodeled from top to bottom! This home sits on a corner lot and has a gated fenced area for garage parking. This charming home has a Huge Grand Entrance with a warm open concept that flows from the living room to the kitchen! This home is complete with a formal dining room, eat in kitchen, and a bonus room! Updates from 2024 includes; New Decorative Lighting, New fixtures, New Appliances, New Cabinets, Gorgeous New Granite Countertops in the kitchen, New Windows, New Window Coverings, New Luxury Vinyl Plank Floors, New Roof, New Plumbing, New Electrical, New HVAC, New Water Heater, Foundation Repair with a transferable Warranty! Close to shopping, dining, parks & cultural downtown entertainment! Buyer or buyer's agent to verify room sizes & schools

Investor Tools

$251,000

Estimated Property Value

$240,000Estimated Mortgage Balance

$18,508Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,506 /month

Positive

Cash Flow Estimate:

$502 /month

Interested in this property?

Dana Ames

Golden Legacy Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$444/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,075

$182,782

2025

$28,000

$154,782

$182,782

Tax History

Year

Tax Paid

Assessed Value

2025

$4,075

$182,782

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$240,000

First

Oct 29, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$232,861

$23,139

93%

$1,439/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$1,439/mo

+$488/mo

9.2%

Learn About the Market: Opportunity in Texas

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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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