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$308,096

NAL Estimated Property Value

704 Lake Murray Ln, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,481 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.25 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size7,449 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN126.2003.20703
Lot Number3
SubdivisionBelle Lagos Ph2
Land UseResidential
Legal DescriptionLOT 3 BLK G BELLE LAGOS PH2
Census Tract130602
Assessed Land Value$43,500
Assessed Improvement Value$264,596
Assessment Year2025

About this property

SELLER IS OFFERING $10K FLEX CASH USED FOR PRICE REDUCTION, 2-1 INTEREST BUY DOWN OR CLOSING COST ASSISTANCE OR COMBINATION OF ANY. $2K AGENT BONUS IF CLOSED BY DECEMBER 28,2023 Throughout this new home you will have an abundance of vinyl windows for energy efficiency and natural lighting as well as gorgeous title in primary bathroom. Upon walking in this home you will see the large fiberglass wood grain with speak easy like front door and detailed brick accents with natural stone. Open floor plan with crown molding in living and kitchen area. The open kitchen features granite kitchen counter tops as well as 42 upper custom cabinetry and a concealed trash cabinet on the base. The primary bedroom and living room both feature ceiling fans with lights. Home includes an insulated 16x7 garage doors with automatic openers, full security system plus On-Q Structured wiring, third party 2-10 extended structural warranty and encapsulated foam insulation for the highest energy efficiency.

Investor Tools

Property Icon
$308,096
Estimated Property Value
$296,819Estimated Mortgage Balance
$11,277Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,859 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$455
$308,096
2025
$43,500
$264,596
$308,096
No

Tax History

Year
Tax Paid
Assessed Value
2025
$455
$308,096

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Va
$309,900
Yes
First
Jan 31, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,819
$11,277
3%
96%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,859/mo
+$68/mo
7.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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704 Lake Murray Ln | Property Details | No Agent List