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$225,000

NAL Estimated Property Value

402 College St, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,192 Sq Ft
price_per_sqft$197.15 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size10,280 sqft

Building Information

Year Built2019

Land Information

APN126.2800.26975
Lot Number2R
Land UseResidential
Legal DescriptionLOT 2R BLK 8 ORIGINAL CLEBURNE AKA BLK 519
Census Tract131100
Assessed Land Value$62,000
Assessed Improvement Value$115,697
Assessment Year2025

About this property

Take a look at this beautiful, move-in-ready 3 Bedroom 2 Bath home in Cleburne, TX. This house has plenty of space inside and a great size backyard. Custom sunscreens were installed on all windows! This house is conveniently located near downtown Cleburne for you to enjoy the small-town shops and museums and is just a short distance from fresh food shopping at HEB! It is a short 40-minute drive to big city events in Fort Worth. The property has a shared driveway Easement on the side of the house and parking, passthrough drive on the front of the house. The seller has an orginal survey but has added the fence and the front driveway after purchase. The property survey and SD are in the documents. T47 will be provided once we are under contract. Buyers' expense if a new Survey is required by the lender or title company.

Investor Tools

Property Icon
$225,000
Estimated Property Value
$222,553Estimated Mortgage Balance
$2,447Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,410 /month
Positive
Cash Flow Estimate:
$470 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,962
$177,697
2025
$62,000
$115,697
$177,697
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,962
$177,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$240,562
Yes
First
May 17, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,553
$2,447
1%
99%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,443/mo
+$484/mo
10.3%

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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402 College St | Property Details | No Agent List