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$458,000

NAL Estimated Property Value

3840 E Fm 4, Cleburne, TX, 76031

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,512 Sq Ft
price_per_sqft$274.47 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Plumbed For Ice Maker, Electric Water Heater
FlooringCeramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5.97 acres

Building Information

Year Built1960

Land Information

APN126.2150.01021
Lot Number2
SubdivisionWild Oaks
Land UseResidential
Legal DescriptionLOT 2 BLK 1 WILD OAKS 126.2150.01020 UDI EXEMPT
Census Tract130502
Assessed Land Value$119,420
Assessed Improvement Value$37,650
Assessment Year2024

About this property

Ready to own your own ranchette for your horses? This 8.2 acre horse property is just on the outskirts of Cleburne. It offers 2 bedrooms and 2 baths with 2 living spaces as well as a large front porch and back patio deck! You also have a 2 car carport and extra space for all your toys! The carport has a 12x16 workshop connected to it with electricity. The entire property is fenced with top pipe rail & barbed wire fencing. It also comes complete with a 6 stall horse barn with a 12x24 tack room and a loafing shed. Your horses or cows won't go thirsty with this large tank on the property! Your new home has double entry gate that creates easy access to get off and on FM 4. The property also has sandy loam soil.

Investor Tools

Property Icon
$458,000
Estimated Property Value
$0Estimated Mortgage Balance
$458,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$413/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,667
$157,070
2024
$119,420
$37,650
$157,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,667
$157,070

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$458,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
5.0%

City: Cleburne

3840 E Fm 4 | Property Details | No Agent List