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$217,000

NAL Estimated Property Value

602 Mcanear St, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.12 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal

Building Information

Year Built1996
Garage Spaces2

Land Information

APN126.2915.00390
Lot Number24
Land UseResidential
Legal DescriptionLOT 24 BLK 3 LINCOLN PARK
Census Tract131100
Assessed Land Value$38,500
Assessed Improvement Value$160,830
Assessment Year2025

About this property

Welcome to 602 McAnear Street – Where Classic Texas Living Meets Fresh Modern Updates! This charming 3-bedroom, 2-bathroom home in the heart of Cleburne, Texas is getting a full makeover from top to bottom – and y’all are going to love the results! Boasting 1,066 square feet of refreshed living space, this home is ideal for first-time buyers, downsizers, or anyone who’s ready to enjoy the convenience of an updated home without breaking the bank. Step inside and you'll immediately notice the fresh new flooring throughout, creating a clean and cohesive feel from room to room. The interior is being professionally repainted in a neutral palette, giving you the perfect canvas to add your own personal touch. The bathrooms have been updated with stylish tile and modern finishes, while the kitchen is getting a full refresh – think updated countertops, cabinetry, and fixtures that blend function with a little farmhouse flair. Outside, the property is getting a brand-new fence makeover, perfect for added privacy, pets, or just enjoying those peaceful Texas evenings out back. Whether you’re grilling with friends, sipping sweet tea under the stars, or letting the kids and dogs run free, this backyard space is ready for memories to be made. This home sits in a quiet, established neighborhood, just minutes from Cleburne's historic downtown, schools, shops, parks, and dining. With no HOA and a location that offers a little bit of small-town serenity and a whole lot of Texas pride, 602 McAnear is ready to welcome you home. So come on by, take a look around, and see why this freshly updated gem is the one you've been waiting for. It’s more than just a house – it’s Texas living done right.

Investor Tools

Property Icon
$217,000
Estimated Property Value
$0Estimated Mortgage Balance
$217,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,422 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,432
$199,330
2025
$38,500
$160,830
$199,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,432
$199,330

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
10.7%

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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602 Mcanear St | Property Details | No Agent List