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$149,000

NAL Estimated Property Value

308 E Vaughn Road, Cleburne, TX, 76009

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.95 acres

Land Information

APN126.3973.01010
Lot Number1
SubdivisionThetford Addition
Land UseResidential
Legal DescriptionLOT 1 BLK 1 THETFORD ADDITION
Census Tract130304
Assessed Land Value$128,385
Assessment Year2025

About this property

Prime Nearly 3-Acre Homesite in Cleburne – No HOA! Discover the perfect blend of country living with city convenience on this spacious almost 3-acre lot within Cleburne city limits. With utilities nearby and no HOA, this property is ready for you to build your dream home. Zoned for highly sought-after Joshua ISD, it offers plenty of space for a custom home, shop, or more. Enjoy the peace of the countryside while being just minutes from shopping, major highways, and city amenities. Don’t miss this rare opportunity to own a large, build-ready lot in a prime location!

Investor Tools

Property Icon
$149,000
Estimated Property Value
$84,757Estimated Mortgage Balance
$64,243Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,074 /month
Positive
Cash Flow Estimate:
$358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$528/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,587
$128,385
2025
$128,385
N/A
$128,385
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,587
$128,385

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Grandview Bank
Commercial
$90,000
No
First
Mar 24, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,757
$64,243
43%
57%
$540/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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308 E Vaughn Road | Property Details | No Agent List