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$535,000

NAL Estimated Property Value

3632 Dove Creek Rd, Cleburne, TX, 76031

$544,087 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,077 Sq Ft
price_per_sqft$195 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Convection Oven, Double Oven, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size1 acre

Building Information

Year Built1984

Land Information

APN126.0296.00111
Land UseResidential
Legal DescriptionABST 296 TR 3A P GOLDEN
Census Tract130304
Assessed Land Value$85,000
Assessed Improvement Value$378,437
Assessment Year2025

About this property

Completely renovated 4-bed, 4-bath sitting on a scenic 1-acre lot with swimming pool, outdoor living area, and shop! The home's open layout and multiple living areas offer more than enough space to host friends and family. The sunroom sits off the primary living area and is flooded with natural light, providing views of the pool area. The updated kitchen is outfitted with custom countertops as well as a commercial-grade Bosch cooktop and vent hood. Additional living area with adjacent bedroom can serve as private guest quarters! The 30x30 shop with a 39x15 addon gives you plenty of extra room for all of your projects, as well as a ton of extra storage space. Take the party outside to the incredible outdoor living area. It comes complete with wood-burning pizza oven, sink, gas grill, and plenty of counterspace, plus a detached cabana with a separate bathroom and shower. Splash around in your private pool and can be shaded by cloth covers that extend across wires above the pool! Also, FREE HIGH-SPEED INTERNET!!

Investor Tools

Property Icon
$535,000
Estimated Property Value
$244,091Estimated Mortgage Balance
$290,909Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$544,087
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$620/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,767
$463,437
2025
$85,000
$378,437
$463,437
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,767
$463,437

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$250,000
No
First
Jan 15, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,091
$290,909
54%
46%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,499/mo
+$428/mo
4.3%

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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3632 Dove Creek Rd | Property Details | No Agent List