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$283,594

NAL Estimated Property Value

404 Forrest Ave, Cleburne, TX, 76033

$368,672 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,424 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$61.3 / sqft

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListDeal ListARV FlipAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
AppliancesNone
FlooringNone

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size15,551 sqft

Building Information

Garage Spaces5

Land Information

APN126.2800.43700
Lot Number13-15
Land UseResidential
Legal DescriptionLOT 13-15 BLK 814 ORIGINAL CLEBURNE, (BELLEVUE PLACE ADDN)
Census Tract131000
Assessed Land Value$62,000
Assessed Improvement Value$221,594
Assessment Year2025

About this property

Seller has previous 2022 appraisal for 530K. Priced to sell. The main house is 3424 sq ft with two master suites, a 2nd level sunroom, and 2 covered porches. while the back garage apartment is 2120 sq ft. The back garage comes with 5 covered parking spaces, RV parking, and a garage apartment. While it does require updates, it is priced accordingly, presenting a strong opportunity for the right buyer. With a spacious layout and prime location near schools, shopping, and downtown, this home combines charm with convenience.

Investor Tools

Property Icon
$283,594
Estimated Property Value
$0Estimated Mortgage Balance
$283,594Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$368,672
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,702 /month
Positive
Cash Flow Estimate:
$567 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,472
$283,594
2025
$62,000
$221,594
$283,594
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,472
$283,594

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$283,594
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
N/A
+$2,385/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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404 Forrest Ave | Property Details | No Agent List