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$253,503

NAL Estimated Property Value

404 Honeysuckle Dr, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,466 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.76 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Disposal, Electric Range
FlooringTile, Vinyl

Building Information

Year Built1997
Garage Spaces2

Land Information

APN126.3078.01390
Lot Number13
Land UseResidential
Legal DescriptionLOT 13 BLK 3 WESTMEADOW ADDITION
Census Tract130302
Assessed Land Value$55,000
Assessed Improvement Value$198,503
Assessment Year2025

About this property

This Westmeadow Addition 3 bedrooom 2 bath home is affordable and adorable! With almost a quarter acre lot, the driveway offers plenty of parking and a side facing 2 car garage. Featuring arched windows, new flooring, and french doors, this cozy home also boasts a wood burning fireplace and office area in the living room. The eat in dining room is located off the very clean kitchen which leads to the laundry room and through to the garage. The split floor plan is a must have for privacy! The primary bedroom and bath offer his and hers closets, stand up shower, and a walk in jetted tub with lights to really relax after a long day. Walk out the french doors onto a huge deck in the backyard perfect for grillin and chillin. The sprinkler system keeps the yard looking its best and the extra large storage building with shelving maximizes storage. Vivint security system with window sensors, alarm, and camera offer security and the solar panels are great investment that maximizes efficiency with rising electricity prices or outages!

Investor Tools

Property Icon
$253,503
Estimated Property Value
$149,661Estimated Mortgage Balance
$103,842Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$412/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,673
$253,503
2025
$55,000
$198,503
$253,503
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,673
$253,503

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$162,011
Yes
First
Apr 24, 2021
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,661
$103,842
40%
59%
$994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$994/mo
+$933/mo
9.1%

Learn About the Market: Opportunity in Texas

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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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