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$202,000

NAL Estimated Property Value

605 N Buffalo Ave, Cleburne, TX, 76033

$234,871 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,881 Sq Ft
price_per_sqft$102.58 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesStorage
Lot Size9,744 sqft

Building Information

Year Built1920
Garage Spaces1

Land Information

APN126.2800.36991
Lot Number23,24A
Land UseResidential
Legal DescriptionLOT 23,24A BLK 649 ORIGINAL CLEBURNE 126.2800.36990 UDI EXEMPT
Census Tract131100
Assessed Land Value$19,500
Assessed Improvement Value$180,919
Assessment Year2024

About this property

HUD owned property. Case #513-240187. HUD properties are sold As-Is. Broker must be registered with HUD to sell property. No repairs or alterations until after closing and funding. Step inside this beautifully updated farmhouse-style gem! Featuring refinished hardwood floors, sleek canned lighting, and thoughtful modern upgrades throughout—newer windows, doors, siding, roof, and energy-efficient foam insulation. The galley kitchen stuns with granite countertops, stainless steel appliances, and soft-close cabinetry. Enjoy comfort year-round with a tankless water heater and modern systems. Upstairs, a spacious bonus room offers flexibility as a 4th bedroom or media room. Need more space? A separate 15x14 building is perfect for a home office, gym, or creative studio. Located just steps from scenic walking trails, a peaceful duck pond, and minutes from Cleburne Square and HEB—this home perfectly blends convenience with timeless style.

Investor Tools

Property Icon
$202,000
Estimated Property Value
$0Estimated Mortgage Balance
$202,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$234,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,212 /month
Positive
Cash Flow Estimate:
$404 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,821
$200,419
2024
$19,500
$180,919
$200,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,821
$200,419

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$202,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
N/A
+$1,456/mo
8.6%

City: Cleburne

605 N Buffalo Ave | Property Details | No Agent List