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$245,212

NAL Estimated Property Value

2409 County Road 805b, Keene, TX, 76031

$254,296 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,607 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$127.57 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal

Building Information

Year Built1987
Garage Spaces1

Land Information

APN126.3573.01030
Lot Number3R
Land UseResidential
Legal DescriptionLOT 3R BLK 5 TRAIL OAKS EST
Census Tract130304
Assessed Land Value$45,000
Assessed Improvement Value$200,212
Assessment Year2025

About this property

Set on an established street in Cleburne, this home offers a welcoming presence with its brick exterior and a covered front porch. Step inside to discover a living area centered around a striking stone fireplace, perfect for cozy evenings. The adjacent kitchen features ample cabinet space and a functional layout, with a dining area that provides a comfortable spot for meals. The floor plan reveals a thoughtful division of space, with bedrooms thoughtfully placed for privacy. The primary bedroom offers a peaceful retreat, while additional rooms provide flexibility for family, guests, or a home office. Updated flooring throughout the main living areas and bedrooms lends a fresh, modern feel. Outside, the spacious yard provides room for outdoor enjoyment and potential for customization. This property is ready for its next chapter. Buyer and buyer's agent to verify all information, including but not limited to measurements, schools, taxes, restrictions, and property condition.

Investor Tools

Property Icon
$245,212
Estimated Property Value
$133,229Estimated Mortgage Balance
$112,261Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$254,296
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,471 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,323
$245,212
2025
$45,000
$200,212
$245,212
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,323
$245,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$151,200
No
First
Jun 12, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,229
$111,983
45%
54%
$907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$907/mo
+$1,020/mo
9.4%

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: Keene

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2409 County Road 805b | Property Details | No Agent List