Last 24 Hours
$256,510
NAL Estimated Property Value609 Colorado St, Cleburne, TX, 76031
Off Market
3 Beds
2 Bath
1,336 Sq Ft
Unimproved Land
Built in 2024Highlights
Interior
Bedrooms 3
Bathrooms Full 2Exterior
Lot Size6,360 sqft
Building Information
Year Built2024
Land Information
APN126.2800.15502
Lot Number2A
Land UseResidential
Legal DescriptionLOT 2A BLK 262 ORIGINAL CLEBURNE
Census Tract130900
Assessed Land Value$23,500
Assessed Improvement Value$233,010
Assessment Year2025
About this property
Great vacant lot to build your dream home. Only minutes to the courthouse. Can also be purchased together with 814 Colorado St which are right next to each other.
Investor Tools
$256,510
Estimated Property Value
$250,795Estimated Mortgage Balance
$5,715Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,539 /month
Positive
Cash Flow Estimate:
$513 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$151/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$524
$256,510
2025
$23,500
$233,010
$256,510
No
Tax History
Year
Tax Paid
Assessed Value
2025
$524
$256,510
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$255,290
Yes
First
May 23, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,795
$5,715
2%
98%
$1,531/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,531/mo
+$396/mo
9.0%
12.4%