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$304,199

NAL Estimated Property Value

705 Royal Street, Cleburne, TX, 76031

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,160 Sq Ft
price_per_sqft$120.32 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Cooktop, Electric Range
FlooringCeramic Tile, Wood

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.2800.15110
Lot Number3
Land UseResidential
Legal DescriptionLOT 3 BLK 254 ORIGINAL CLEBURNE AKA LOT 3 BLK 10 SANTA FE ADDN
Census Tract130900
Assessed Land Value$43,000
Assessed Improvement Value$261,199
Assessment Year2025

About this property

Welcome to this Brand new home in Cleburne. Only about 7minutes from Southwestern Adventist University. This beautiful home offers 3 good size bedrooms and two full bathrooms. Nice and very open concept that when you invited a guest over you can cook and entertain them at the same time. No carpets so no allergy to worry about. Enjoy the quiet street as its almost at the end of the street. Come and bring your buyers this home won't last long.

Investor Tools

Property Icon
$304,199
Estimated Property Value
$189,570Estimated Mortgage Balance
$114,629Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,825 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,606
$304,199
2025
$43,000
$261,199
$304,199
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,606
$304,199

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Groves Capital Inc
Conventional
$207,200
No
First
Nov 18, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,570
$114,629
37%
62%
$1,243/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,243/mo
+$684/mo
7.6%

City: Cleburne