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$258,000

NAL Estimated Property Value

302 Madison Street, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.73 / sqft

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Oven, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size9,640 sqft

Building Information

Year Built1932

Land Information

APN126.2800.32610
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 597 ORIGINAL CLEBURNE
Census Tract131100
Assessed Land Value$39,000
Assessed Improvement Value$203,667
Assessment Year2025

About this property

Beautifully renovated Cleburne home on large corner lot. This one will have you in your feels from the moment you walk up. Large covered front porch will have you enjoying evening gatherings with the family. Step inside to find Open Concept living and kitchen. Freshly painted inside and out. Vinyl plank flooring. Granite countertops and subway tile backsplash. Stainless appliances. Take note of the recently installed windows. Bedrooms are all great size. Upgraded electrical and plumbing! Bathrooms refinished from top to bottom! Fenced backyard and 2 car covered parking with extra storage. This one is move in ready and awaiting its next owner!

Investor Tools

Property Icon
$258,000
Estimated Property Value
$210,562Estimated Mortgage Balance
$47,438Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,548 /month
Positive
Cash Flow Estimate:
$516 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,006
$242,667
2025
$39,000
$203,667
$242,667
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,006
$242,667

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$232,800
No
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,562
$47,438
18%
82%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,396/mo
+$531/mo
9.0%

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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302 Madison Street | Property Details | No Agent List