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$532,000

NAL Estimated Property Value

2281 Cedar Grove Drive, Cleburne, TX, 76033

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.03 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting

Building Information

Year Built2005
Garage Spaces3

Land Information

APN126.3098.21680
Lot Number68
Land UseResidential
Legal DescriptionLOT 68 BLK V BELLE MEADOWS PH 1
Census Tract130602
Assessed Land Value$60,000
Assessed Improvement Value$469,435
Assessment Year2025

About this property

if you want it all, this is it! You step into this gracious entry with an office offering french doors into the office with built in cabinets. Walk down the hall to the master suite with sitting area and luscious master bath offering jetted tub, separate shower, even a place for your washer and dryer. Closet soars to the ceiling with plenty of places for all your clothes. four other bedrooms that each connect to a full bath. Half bath off the kitchen for guest. Gourmet Kitchen with granite, island and plenty of space for entertaining. Open to the den with built ins, fireplace, soaring vaulted ceilings. you step outside to covered patio, awesome pool with hot tub and fire pit to gather around. Sprinkler system

Investor Tools

Property Icon
$532,000
Estimated Property Value
$300,160Estimated Mortgage Balance
$231,840Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,192 /month
Positive
Cash Flow Estimate:
$1,064 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,205/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,805
$529,435
2025
$60,000
$469,435
$529,435
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,805
$529,435

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$345,000
No
First
Oct 30, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$300,160
$231,840
43%
56%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,349/mo
+$36/mo
5.4%

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.

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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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2281 Cedar Grove Drive | Property Details | No Agent List