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$179,000

406 Westmeadow Dr, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,327 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.89 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Concrete

Building Information

Year Built2014
Garage Spaces2

Land Information

APN126.3078.01652
Lot Number9
Land UseResidential
Legal DescriptionLOT 9 BLK 5 SEC 5 WESTMEADOW ADDITION
Census Tract130302
Assessed Land Value$55,000
Assessed Improvement Value$208,241
Assessment Year2025

About this property

This custom, brick home has a lot of charm. Stained concrete floors add character, while the Farmhouse style light fixtures make you feel at home. The living room is spacious with a great view of the backyard. The kitchen boasts knotty alder 42 inch cabinets, stainless steel appliances, eat in breakfast area, pantry and a corner window above the sink. The master bedroom has an on suite bath and is split from the secondary bedrooms. It has his and hers walk in closets, as well. One of the secondary bedrooms has a walk in closet and the other has a custom closet system. The utility is a separate room with nice 42 in.cabinets. Out back, enjoy the covered patio and pergola, perfect for hosting family gatherings!

Investor Tools

Property Icon
$263,241
Estimated Property Value
$186,200Estimated Mortgage Balance
$96,809Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,579 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,880
$263,241
2025
$55,000
$208,241
$263,241
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,880
$263,241

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$186,200
No
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,432
$96,809
36%
63%
$1,117/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,117/mo
+$810/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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406 Westmeadow Dr | Property Details | No Agent List