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$255,321

NAL Estimated Property Value

404 Preston Drive, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.05 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size7,022 sqft

Building Information

Year Built1999
Garage Spaces2

Land Information

APN126.2967.00660
Lot Number16
Land UseResidential
Legal DescriptionLOT 16 BLK 2 PRESTON MEADOW ADDITION SEC 3
Census Tract130700
Assessed Land Value$54,000
Assessed Improvement Value$201,321
Assessment Year2025

About this property

You will love this SUPER cute single story Preston Meadow addition home that is MOVE IN READY!!! Enjoy vaulted ceilings, split master bedroom with barn door to bathroom with upgraded shower and a HUGE walk in closet, hard surface flooring in main areas, fireplace- AND MORE!! Home has some accessibility features, updated roof and HVAC system, 2 storage-workshop buildings, recent interior paint and covered patios!!! Great location just minutes to major shopping area, restaurants, Chisholm Trail Parkway, AND MORE!!!!

Investor Tools

Property Icon
$255,321
Estimated Property Value
$229,340Estimated Mortgage Balance
$25,981Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,532 /month
Positive
Cash Flow Estimate:
$511 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,278
$255,321
2025
$54,000
$201,321
$255,321
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,278
$255,321

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$247,000
No
First
Jul 21, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,340
$25,981
10%
90%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,481/mo
+$446/mo
9.1%

City: Cleburne

404 Preston Drive | Property Details | No Agent List