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$338,979

NAL Estimated Property Value

405 S Walnut St, Cleburne, TX, 76033

$346,560 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,402 Sq Ft
price_per_sqft$129.02 / sqft
Year BuiltBuilt in 1914

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Hardwood

Exterior

Lot Size14,401 sqft

Building Information

Year Built1914
Garage Spaces3

Land Information

APN126.2800.25310
Lot Number2
Land UseResidential
Legal DescriptionLOT 2 BLK 494 ORIGINAL CLEBURNE
Census Tract131000
Assessed Land Value$62,000
Assessed Improvement Value$276,979
Assessment Year2025

About this property

This one-of-a-kind Craftsman Style home will be sure to take you back to the good old days. They just don't make them like they used to. Enjoy the character of the early 1900s with all the amenities of a modern-day home. Located on a large corner lot with mature pecan trees and privacy fencing as well as a grand front porch, 3 car garage plus workshop. Inside you will find original hardwood floors with tall ceilings, built ins, window seat, lots of windows and pocket doors. Plenty of room for family gatherings inside and out. 2 or 3 living areas depending on your needs with large centrally located formal dining area and kitchen. Take note of several recent updates to fixtures and bathrooms. Make your way upstairs to find a nice surprise. Bonus room would make a great at home office, 4th bedroom, play room or game room. This one is sure to have you ready to call 405 S Walnut home.

Investor Tools

Property Icon
$338,979
Estimated Property Value
$247,937Estimated Mortgage Balance
$91,042Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$346,560
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,558
$338,979
2025
$62,000
$276,979
$338,979
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,558
$338,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$268,000
No
First
May 3, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,937
$91,042
26%
73%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,607/mo
+$320/mo
6.8%

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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405 S Walnut St | Property Details | No Agent List