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$254,000

731 E Brown St, Cleburne, TX, 76031

PendingInfo
Beds3 Beds
Baths3 Bath
Baths1,580 Sq Ft
price_per_sqft$160.76 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Vinyl

Building Information

Year Built2021
Garage Spaces2

Land Information

APN126.2800.16510
Lot Number11
Land UseResidential
Legal DescriptionLOT 11 BLK 281 ORIGINAL CLEBURNE
Census Tract130900
Assessed Land Value$23,500
Assessed Improvement Value$235,743
Assessment Year2025

About this property

Rare opportunity to own a beautifully maintained 2021 built home with the potential to assume the seller's VA loan at an incredible 3% interest rate for qualified buyers, offering significant monthly savings compared to today's rates. Welcome to 731 E Brown Street in Cleburne, Texas, where modern comfort meets small-town charm. From the moment you arrive, you'll appreciate the inviting curb appeal with blooming flowers, attractive landscaping, and a welcoming front porch. Inside, soaring cathedral ceilings create an airy, light-filled living room that feels both spacious and cozy. The thoughtfully designed open floor plan offers the perfect blend of style and functionality. The kitchen is full of character with eye-catching green painted shiplap, generous counter space, and an AMAZING oversized pantry that provides exceptional storage and organization. The open living and dining areas make entertaining effortless while still offering the warmth of home. Upstairs provides additional flexible living space ideal for a home office, playroom, media room, or guest space. Every inch of this home has been lovingly cared for and is truly move-in ready. Step outside to your own backyard retreat featuring charming twinkle lights, a cozy fire pit, and extra privacy with no neighbors on one side. Whether you're enjoying a quiet evening under the Texas stars or hosting family and friends, this outdoor space was made for making memories. Located just 5 minutes from downtown Cleburne, you'll enjoy quick access to shopping, dining, schools, and local amenities while still enjoying the peace of a quiet neighborhood. Don't miss your chance to own a nearly new home with timeless charm and a financing opportunity that is becoming increasingly difficult to find.

Investor Tools

$230,427Estimated Mortgage Balance
$28,816Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,555 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,780
$259,243
2025
$23,500
$235,743
$259,243
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,780
$259,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Va
$257,796
Yes
First
Jan 25, 2021
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,427
$28,816
11%
89%
$1,546/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,546/mo
+$381/mo
8.9%

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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731 E Brown St | Property Details | No Agent List