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$475,000

$485,000

328 Ridge Dr N, Cleburne, TX, 76033

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths2,126 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.42 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan, Water Softener
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size2.07 acres

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.2884.07310
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 3 HILLS OF HOMES SEC 7
Census Tract130602
Assessed Land Value$82,640
Assessed Improvement Value$307,446
Assessment Year2025

About this property

Modern Living with room for horses on 2+ Acres in Cleburne! Welcome home to this beautifully maintained 4-bedroom, 2-bathroom brick home situated on an expansive 2.066-acre lot creating a sense of privacy and space from the moment you arrive. The striking exterior features classic brick construction with stone accents and a grand, elevated entry and newly replaced roof and gutters. Inside, the bright and open floor plan offers an inviting flow designed for both everyday living and entertaining.The water filtration system and softener brings peace of mind and an added bonus for any buyer. The spacious living area is anchored by a fireplace and offers abundant cabinetry for storage. The kitchen opens beautifully to the main living spaces and features stainless steel appliances, generous cabinet space, and a large breakfast bar island perfect for gathering with family and friends. The primary suite provides a comfortable retreat with a spacious ensuite bath featuring dual vanities and abundant cabinetry, offering plenty of storage and functionality. The second bathroom also features dual sinks, making busy mornings a breeze. A dedicated laundry room adds everyday convenience and includes a sink for added functionality and utility. Step outside to enjoy the covered patio, complete with a ceiling fan, creating the perfect spot for morning coffee, evening gatherings, or relaxing while taking in the peaceful surroundings. The expansive acreage offers room to spread out and enjoy the outdoors. A horse barn adds valuable versatility for equine enthusiasts or additional storage needs. Ideally situated on a quiet street while remaining convenient to the amenities of Cleburne, this property offers the rare combination of space, functionality, privacy, and country charm. With over two acres, generous living spaces, and room for horses, this is a property you won’t want to miss!

Investor Tools

$94,010Estimated Mortgage Balance
$74,347Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Easton Jay

Elite Real Estate Texas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,334
$390,086
2025
$82,640
$307,446
$390,086
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,334
$390,086

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$100,000
No
First
Feb 14, 2023
Feb 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,010
$359,990
79%
20%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$600/mo
+$1,785/mo
6.1%

City: Cleburne

328 Ridge Dr N | Property Details | No Agent List