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$893,100

2908 E FM 4, Cleburne, TX, 76031

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size59.44 acres

Land Information

APN126.0863.04862
Land UseAgriculture / Farming
Legal DescriptionABST 863 TR 59 J WALLACE
Census Tract130603
Assessed Land Value$891,600
Assessed Improvement Value$1,500
Assessment Year2025

About this property

PRIME Beautiful Ranch or Development Property, FM 4 borders the north and paved County Road 424 borders the east property line and is a dead in road. Johnson County waterline parallels the east property line and the north property line. the property is AG exempt. FM 4 Road Frontage 1082' County Rd 424 Frontage 2109' The south portion of the property is outside the Cleburne ETJ. There is a older home located on FM 4 of the property that has no value but could be renovated. This property is 30 minutes to FTW via Chisolm Trail Parkway, 45 minutes to Dallas, 1 hour to Waco and 8 minutes to downtown Cleburne. Property is a prime development prospect.

Investor Tools

Property Icon
$893,100
Estimated Property Value
$0Estimated Mortgage Balance
$893,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$13,200 /month
Positive
Cash Flow Estimate:
$4,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$145
$893,100
2025
$891,600
$1,500
$893,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$145
$893,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$893,100
100%
0%
$0/mo

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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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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2908 E FM 4 | Property Details | No Agent List