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$249,664

NAL Estimated Property Value

537 Ruby Lane, Cleburne, TX, 76031

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$40.58 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Range, Dishwasher
FlooringCarpet, Other

Exterior

Lot Size2 acres

Building Information

Year Built1991

Land Information

APN126.0567.00170
Land UseResidential
Legal DescriptionABST 567 TR 3A D MIZE S# 01028A/B L# NTA0287625/26 ELECTED REAL
Census Tract130303
Assessed Land Value$126,000
Assessed Improvement Value$123,664
Assessment Year2025

About this property

Very pretty 2 acres. Trees and some landscaping. Storage building. Fenced on 3 sides. Driveway area not fenced., but wouldn’t take much. Acreage dimensions approximately 282x308. Subject sold AS IS, buyer will not make any repairs. Buyer and or Agent to confirm all information schools sq ft lot size etc.

Investor Tools

Property Icon
$249,664
Estimated Property Value
$191,007Estimated Mortgage Balance
$58,657Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,498 /month
Positive
Cash Flow Estimate:
$499 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,241
$249,664
2025
$126,000
$123,664
$249,664
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,241
$249,664

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$204,250
No
First
Nov 30, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,007
$58,657
23%
77%
$1,225/mo

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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537 Ruby Lane | Property Details | No Agent List