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$491,043

NAL Estimated Property Value

500 W Kilpatrick Street, Cleburne, TX, 76033

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths1,800 Sq Ft
IndustrialIndustrial
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringConcrete

Exterior

Lot Size1.58 acres

Building Information

Year Built2008

Land Information

APN126.2865.00230
Lot Number9
Land UseCommercial
Legal DescriptionLOT 9,EPT BLK 2 GRANBURY PARK 126.5528.32889
Census Tract130302
Assessed Land Value$254,652
Assessed Improvement Value$236,391
Assessment Year2025

About this property

POSSIBLE INCOME PRODUCING PROPERTY wiith high road visibility, in the fast growing Cleburne, TX. 1872 SF of open office space with 2 suites that could be divided into 2 separate offices. Each with their own HVAC and hot water heaters. 3 bathrooms and 3 interior storage rooms with utility sinks. Stained concrete floors. 10 dedicated parking spots in front and side of building. Approximately 7000 SF of storage between 4 separate buildings. Property is fenced and gated with partial board on board fence with barbed wire on top. Storage building 1 has electricity, concrete floors and sliding doors. Storage building 2 inlcludes 9 heavy duty, iron storage racks. Easy access to Chisholm Trail Pkwy, Hwy 67 and I-35.

Investor Tools

Property Icon
$491,043
Estimated Property Value
$151,286Estimated Mortgage Balance
$339,757Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,946 /month
Positive
Cash Flow Estimate:
$982 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,047
$491,043
2025
$254,652
$236,391
$491,043
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,047
$491,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinnacle Bank
Commercial
$187,500
No
First
Feb 14, 2017
Feb 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$151,286
$339,757
69%
31%
$1,125/mo

City: Cleburne

500 W Kilpatrick Street | Property Details | No Agent List