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$284,520

NAL Estimated Property Value

400 Royal St, Cleburne, TX, 76031

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,642 Sq Ft
price_per_sqft$176.43 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5,510 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN126.2800.15705
Lot Number1
Land UseResidential
Legal DescriptionLOT 1 BLK 266 ORIGINAL CLEBURNE FIRE STATION #2 & CAREFLITE
Census Tract130900
Assessed Land Value$43,000
Assessed Improvement Value$241,520
Assessment Year2025

About this property

$4500 Builders incentive! Don't miss this beautiful NEW home. The kitchen features gorgeous white counters with matching tile backsplash, premium cabinetry, & stainless appliances. The first floor primary suite has a private bath with a large custom walk-in shower. Utility room with built-in shelving for storage and a half bathroom for your guests finish off the first floor. Upstairs, you will find three more bedrooms & a large full bathroom. Step outside & enjoy springtime on the covered back porch! Schedule your private tour today!

Investor Tools

Property Icon
$284,520
Estimated Property Value
$266,459Estimated Mortgage Balance
$18,061Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,738 /month
Positive
Cash Flow Estimate:
$579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,907
$284,520
2025
$43,000
$241,520
$284,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,907
$284,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jenkam Builders Llc
Conventional
$281,009
No
First
Jul 19, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,459
$18,061
6%
94%
$1,685/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,685/mo
+$700/mo
10.1%

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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