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$306,332

621 Mayfield Dr, Cleburne, TX, 76031

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,882 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.48 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,499 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.2088.03040
Lot Number4
SubdivisionThe Villages At Mayfield
Land UseResidential
Legal DescriptionLOT 4 BLK 3 THE VILLAGES AT MAYFIELD
Census Tract130304
Assessed Land Value$59,000
Assessed Improvement Value$247,332
Assessment Year2025

About this property

BUYER FINANCING FELL THROUGH, BACK ON MARKET! NEW BUILD COMPLETED MARCH 2022 This gorgeous 3 bedroom 2 bath home features a large family room complete with lots of natural light, and an open floor plan perfect for entertaining. Bonus room features french doors and can be used as an office, study, or playroom. The kitchen has a large island, plenty of cabinets for storage, and Whirlpool stainless appliances. Primary bedroom has dual sinks, shower tub combo, and a spacious walk-in closet. Enjoy relaxing in the country on your covered front or back porch. Home will have all of the builder's warranties transferred to new owner.

Investor Tools

Property Icon
$306,332
Estimated Property Value
$187,474Estimated Mortgage Balance
$131,324Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,838 /month
Positive
Cash Flow Estimate:
$613 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,376
$306,332
2025
$59,000
$247,332
$306,332
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,376
$306,332

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$187,474
Yes
First
Oct 26, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,008
$131,324
42%
57%
$1,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,605/mo
+$322/mo
7.5%

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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621 Mayfield Dr | Property Details | No Agent List