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Owner Contacts

$378,000

NAL Estimated Property Value

562 Barnes Rd, Cleburne, TX, 76031

Off Market

3 Beds

2 Bath

1,600 Sq Ft

$234.38 / sqft

Built in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Tankless Water Heater

FlooringLaminate, Tile

Exterior

Lot Size1.90 acres

Building Information

Year Built2021

Garage Spaces4

Land Information

APN126.3664.01010

Lot Number1

SubdivisionBeeson Addition

Land UseResidential

Legal DescriptionLOT 1 BLK 1 BEESON ADDITION

Census Tract130303

Assessed Land Value$111,982

Assessed Improvement Value$238,680

Assessment Year2025

About this property

SEARCH YOUTUBE FOR HD VIDEO OF PROPERTY! Welcome Home! This home built in 2021 on nearly 2 acres of land offers a bright & open floorplan w-large kitchen island, b-fast bar seating & a large pantry! Split floorplan where the private owner's retreat boasts private en suite w-custom shower & a HUGE walk-in closet! TANKLESS WTR HTR! SPRAY FOAM INSULATED! Gorgeous property to explore w-tons of trees & a seasonal creek that runs along the north side of property! Relax & unwind on your choice of 2 large covered patios. Enjoy stargazing around the firepit while relaxing after a busy week. The pull-through garage-shop is a HUGE with dual 12' doors & room for 4 cars! The garage also features a sink area to utilize after a day in your shop tinkering on an old vehicle or planting in your garden. Fully decked attic above living area = approx. 1600 sq. ft. of walkable attic storage! Plenty of space for parking your RV, boat, trailer or recreational vehicles. Located SUPER CLOSE to downtown Keene.

Investor Tools

$378,000

Estimated Property Value

$329,501Estimated Mortgage Balance

$48,499Estimated Equity

12% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,268 /month

Positive

Cash Flow Estimate:

$756 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$510/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,232

$350,662

2025

$111,982

$238,680

$350,662

Tax History

Year

Tax Paid

Assessed Value

2025

$4,232

$350,662

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Financial Resources Inc

Fha

$336,436

Yes

First

Mar 12, 2025

Apr 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$329,501

$48,499

12%

87%

$2,018/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,927/mo

$2,018/mo

$-91/mo

6.1%

Learn About the Market: Opportunity in Texas

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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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