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$230,000

$235,000

417 Marengo St, Cleburne, TX, 76033

On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,250 Sq Ft
price_per_sqft$184 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
AppliancesDishwasher, Gas Range

Exterior

Lot Size7,680 sqft

Building Information

Year Built1950
Garage Spaces1

Land Information

APN126.2800.47420
Lot Number17
Land UseResidential
Legal DescriptionLOT 17 BLK 850 ORIGINAL CLEBURNE
Census Tract130700
Assessed Land Value$43,500
Assessed Improvement Value$154,794
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION!! This adorable home is located close to downtown shopping and close distance to the new Amazon Facility!! Welcome to this beautifully renovated 3-bedroom, 2-bath home in the heart of Cleburne, Texas. Offering approximately 1,250 square feet of comfortable living space, this charming residence combines modern updates with timeless character. Built in 1950 and thoughtfully refreshed, the home features new flooring throughout, fresh interior paint, and an inviting new front deck that enhances its curb appeal. The handicap-accessible layout provides added convenience and functionality, making the home suitable for a variety of lifestyles. The spacious living areas flow seamlessly into the well-appointed kitchen and bedrooms, creating a warm and welcoming atmosphere. Outside, you’ll find a large backyard with plenty of room for entertaining, gardening, pets, or future outdoor improvements. Additional highlights include a working garage for parking, storage, or workshop space, along with a convenient location close to schools, shopping, dining, and major commuting routes. Don’t miss this move-in-ready opportunity to own a freshly updated home with modern comforts, accessibility features, and plenty of outdoor space in desirable Cleburne.

Investor Tools

$0Estimated Mortgage Balance
$198,294Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

Interested in this property?

Dot Drugan

Fathom Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$112/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$354
$198,294
2025
$43,500
$154,794
$198,294
No

Tax History

Year
Tax Paid
Assessed Value
2025
$354
$198,294

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,294
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
11.7%

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.

Explore Texas Explore This Area
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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417 Marengo St | Property Details | No Agent List