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$215,000

NAL Estimated Property Value

2609 County Road 429, Cleburne, TX, 76031

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths912 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$263.16 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesGas Oven, Gas Water Heater, Microwave

Exterior

Exterior FeaturesStorage
Lot Size1.77 acres

Building Information

Year Built1980

Land Information

APN126.0662.00840
Land UseResidential
Legal DescriptionABST 662 TR 25 WM OWENS
Census Tract130603
Assessed Land Value$111,510
Assessed Improvement Value$46,732
Assessment Year2025

About this property

A rare find! Escape to your own private sanctuary with 2 bedrooms with an office or bonus room nestled on 1.77 acres of land, where the beauty of nature meets the timeless charm of paneling. This captivating property offers a unique blend of tranquility, privacy, and rustic elegance, creating the perfect backdrop for your dream lifestyle.Generous Parking and Storage: With 4 covered parking spaces and a shed with barn style doors, you'll have ample room to accommodate vehicles, outdoor equipment, and more. per the seller: approximately 2 years ago the plumbing was updated as well as the ac unit replaced. approximately 3 months ago the gas lines and the flooring was replaced.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$242,727Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,688
$158,242
2025
$111,510
$46,732
$158,242
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,688
$158,242

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$247,455
Yes
First
Apr 23, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,727
N/A
0%
113%
$1,484/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
$1,484/mo
$-28/mo
8.1%

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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2609 County Road 429 | Property Details | No Agent List