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$562,000

NAL Estimated Property Value

5024 Conveyor Drive, Cleburne, TX, 76031

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,420 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.53 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Gas Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size4.05 acres

Land Information

APN126.0442.01190
Land UseResidential
Legal DescriptionABST 442 TR 38 JOHNSON CO SCH LAND
Census Tract130210
Assessed Land Value$202,500
Assessed Improvement Value$69,653
Assessment Year2025

About this property

This is a little bit of heaven right here Sitting on 4+ acres of land you are half way to 35W, Joshua, Burleson, Cleburne, where are you going? You're almost there. This 4 bedroom, 3 bath home is perfect for the large family, growing family or anyone just wanting room. The kitchen is updated with pretty cabinets, a beautiful custom breakfast bar featuring a copper sink & a unique wood top. You're going to love the open concept. The kitchen flows right into the living area. It is perfect for entertaining, or just enjoying being together. 2 BD down with 2 baths. The two BR up offer a dorm type feel with a bath too. Bring the horses, cows, sheep, what do you have or what do you want? A barn and workshop too.

Investor Tools

Property Icon
$562,000
Estimated Property Value
$310,844Estimated Mortgage Balance
$251,156Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,817
$272,153
2025
$202,500
$69,653
$272,153
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,817
$272,153

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wyndham Capital Mortgage Inc
Conventional
$232,000
No
First
Jan 12, 2022
Mar 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,844
$251,156
44%
55%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,991/mo
+$394/mo
5.1%

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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5024 Conveyor Drive | Property Details | No Agent List