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$479,899

3517 Northcrest Dr, Cleburne, TX, 76031

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.38 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size2.80 acres

Building Information

Year Built1983

Land Information

APN126.3502.00390
Lot Number14-16
Land UseResidential
Legal DescriptionLOT 14,15,16 BLK 2 NORTH CREST ADDITION
Census Tract130210
Assessed Land Value$182,000
Assessed Improvement Value$297,899
Assessment Year2025

About this property

PRICE REDUCTION! Motivated Sellers. This unique, custom home is perched on a hilltop, surrounded by trees with 2.8 acres in a quiet neighborhood. The incredible 20 foot floor-to-ceiling fireplace with vaulted ceilings and huge windows provides lovely views and welcomes an abundance of natural light. Formal dining room and den with a wet bar and built-in shelves are just the beginning of this wonderful home. Large kitchen with island and bar opening to the second dining area and is perfect for entertaining. Master bedroom and guest bedroom feature French doors that open to private backyard porches. All secondary bedrooms have walk-in closets and full bathrooms. Enjoy your coffee on the huge back porch overlooking the pool and spa. Conveniently located a few miles from I-35 and 15 minutes from Joshua or Burleson. New roof. NO CITY TAXES. Joshua Schools. This amazing home needs some remodeling, foundation work and the pool is not currently functioning, but has limitless potential.

Investor Tools

Property Icon
$479,899
Estimated Property Value
$388,550Estimated Mortgage Balance
$114,623Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,879 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$898/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,371
$479,899
2025
$182,000
$297,899
$479,899
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,371
$479,899

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$388,550
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$365,276
$114,623
23%
76%
$2,330/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,330/mo
+$55/mo
6.0%

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.

Explore Texas Explore This Area
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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