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$152,000

NAL Estimated Property Value

510 N Buffalo Ave, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,002 Sq Ft
price_per_sqft$97.8 / sqft
Year BuiltBuilt in 1944

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,011 sqft

Building Information

Year Built1944

Land Information

APN126.2800.28600
Lot Number1B
Land UseResidential
Legal DescriptionLOT 1B BLK 539 ORIGINAL CLEBURNE
Census Tract131100
Assessed Land Value$39,000
Assessed Improvement Value$79,815
Assessment Year2025

About this property

This charming 3 bedrm, 1 bath home offers a GREAT opportunity of home ownership. Sold AS IS! Located in Original Cleburne & sits on oversize lot, backing up to Buffalo Creek & a jogging trail park, providing a beautiful, peaceful, scenic setting in the backyard & around the home; it has an oversized covered porch with a ramp for easy entry, a front fence with entry gate to carport, a storage rm off of the carport, new carpet in all bdrms, bathroom redone in 2017, new floors, new insulation in attic & new air ducts, new windows & doors (replaced in 2017). There are so many possibilities with this property!! A rare find! NOTE: Washer & dryer included with the home. Come see it quickly...it won't last long!

Investor Tools

Property Icon
$152,000
Estimated Property Value
$71,025Estimated Mortgage Balance
$80,975Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$912 /month
Positive
Cash Flow Estimate:
$304 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$173/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,318
$118,815
2025
$39,000
$79,815
$118,815
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,318
$118,815

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Unknown
$83,460
No
First
Dec 14, 2018
Jan 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,025
$80,975
53%
47%
$501/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$501/mo
+$1,426/mo
15.2%

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.

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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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510 N Buffalo Ave | Property Details | No Agent List