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$183,000

NAL Estimated Property Value

601 Gardega Rd, Cleburne, TX, 76031

$187,249 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.78 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Water Heater, Gas Range, Refrigerator, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size9,252 sqft

Land Information

APN126.0124.20291
Land UseResidential
Legal DescriptionABST 124 TR 29 PT, 31D PT C CHANEY 126.0124.20290 CO PT EXEMPT
Census Tract130304
Assessed Land Value$8,496
Assessment Year2025

About this property

**Seller offering a 2% Buyer Incentive to Use Any way You Want** Fantastic country home on almost 5 acres at such a great price!! Large open concept to host all of your events. Nothing says welcome home like this gorgeous country home. Enjoy tranquil mornings or evenings on your gorgeous back porch with accessible ramp, built with composite, never worry about wood root or painting. Bring your horses, cows and chickens to this almost 5 acres. Extraordinarily maintained home with so many upgrades. Just a quick walk to the elementary school, less than 50 ft to the school property. Wood flooring or tile in every room, solid wood doors throughout, 2-inch wood blinds in almost every room. Siding was replaced around 2013, windows have been replaced, warranty available, walls replaced with sheetrock and insulated, metal roof around 2010-2015 with gutters. New HVAC system installed 12-2022, brand new. One owner home that has been very loved. Interior paint is new and complete.

Investor Tools

Property Icon
$183,000
Estimated Property Value
$14,330Estimated Mortgage Balance
$168,670Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$187,249
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$146
$8,496
2025
$8,496
N/A
$8,496
No

Tax History

Year
Tax Paid
Assessed Value
2025
$146
$8,496

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Outamation Inc
Fha
$14,564
Yes
First
Jun 13, 2025
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,330
$168,670
92%
8%
$88/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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601 Gardega Rd | Property Details | No Agent List