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$246,000

NAL Estimated Property Value

707 Hillcrest Dr, Cleburne, TX, 76033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,458 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.39 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,000 sqft

Building Information

Year Built2001
Garage Spaces2

Land Information

APN126.2971.00815
Lot Number4
Land UseResidential
Legal DescriptionLOT 4 BLK 7 REMINGTON RIDGE PH I
Census Tract130302
Assessed Land Value$60,000
Assessed Improvement Value$180,840
Assessment Year2025

About this property

Just moments from Chisholm Trail Parkway for an easy commute this three bedroom brick home is tucked away in a nice quite neighborhood. The kitchen offers an abundance of cabinets and countertops making cooking and baking a breeze. The bay window offers a charming nook to sit and enjoy your morning coffee. The easy to live in floor plan offers split bedrooms for privacy. The spacious living room offers an open concept onto the dining room, a stone fireplace with gas logs and fine crown molding. Step outside and walk into backyard happy. A covered patio opens onto a fun gazebo. No reason to drag a hose around, this home offers a sprinkler system too. And, a storage shed too. This one won't last long!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$156,292Estimated Mortgage Balance
$89,708Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,454
$240,840
2025
$60,000
$180,840
$240,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,454
$240,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$176,641
Yes
First
Jun 8, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,292
$89,708
36%
64%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,060/mo
+$867/mo
9.4%

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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707 Hillcrest Dr | Property Details | No Agent List