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$322,000

NAL Estimated Property Value

507 E Kilpatrick Street, Cleburne, TX, 76031

$330,932 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,023 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.22 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher
FlooringLaminate, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size19,428 sqft

Building Information

Year Built1960
Garage Spaces2

Land Information

APN126.0565.00230
Land UseResidential
Legal DescriptionABST 565 TR 75 H MC NEILL
Census Tract130800
Assessed Land Value$15,000
Assessed Improvement Value$198,475
Assessment Year2025

About this property

So much charm in this completly remodeled home you will enjoy decorating this beauty original hardwood floors were brought back to life tons of kitchen storage soft close cabinets granite counter tops larger laundry room bonus room off the living room could be large dining room or second living room you will find a cozy office space just off the bonus room enjoy a chilly fall night in the courtyard like backyard around the firepit also large workshop detached from the home that could be a man cave or game room. So many more options need to see to appreciate. Buyer and buyers agent to verify square footage and schools

Investor Tools

Property Icon
$322,000
Estimated Property Value
$186,766Estimated Mortgage Balance
$135,234Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$330,932
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,378
$213,475
2025
$15,000
$198,475
$213,475
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,378
$213,475

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$213,750
No
First
Dec 31, 2019
Jan 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,766
$135,234
41%
58%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,282/mo
+$645/mo
7.2%

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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507 E Kilpatrick Street | Property Details | No Agent List