Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$236,000

NAL Estimated Property Value

505 Erie Street, Cleburne, TX, 76031

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,704 Sq Ft
price_per_sqft$106.51 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave, Electric Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesStorage
Lot Size8,612 sqft

Building Information

Year Built2018

Land Information

APN126.2800.39720
Lot Number10
Land UseResidential
Legal DescriptionLOT 10 BLK 754 ORIGINAL CLEBURNE AKA LOT 10 BLK 754 PEARCE & JESTER ADDITION
Census Tract130800
Assessed Land Value$23,500
Assessed Improvement Value$172,680
Assessment Year2025

About this property

Great home in the heart of Cleburne is almost new! Open concept with large living and dining areas. Beautiful custom cabinets and granite countertops in kitchen and bathrooms. Large walk in shower and double sinks in master bathroom. Huge backyard with new cedar fence and shed. Welcome Home!

Investor Tools

Property Icon
$236,000
Estimated Property Value
$162,408Estimated Mortgage Balance
$73,592Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,374
$196,180
2025
$23,500
$172,680
$196,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,374
$196,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$183,177
Yes
First
Jul 27, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,408
$73,592
31%
69%
$1,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,099/mo
+$828/mo
9.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

505 Erie Street | Property Details | No Agent List