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$213,000

NAL Estimated Property Value

815 Prairie Avenue, Cleburne, TX, 76033

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.46 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
AppliancesDishwasher, Electric Oven, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size15,011 sqft

Building Information

Year Built1950

Land Information

APN126.2800.24280
Lot Number1D
Land UseResidential
Legal DescriptionLOT 1D BLK 466 ORIGINAL CLEBURNE
Census Tract131000
Assessed Land Value$62,000
Assessed Improvement Value$72,883
Assessment Year2025

About this property

This charming Tudor home is an absolute gem in Cleburne's historic district, located on Prairie Ave., known for its extra lg. lots, manicured lawns, mature trees, & extra wide streets. Sitting on a fabulous corner lot (.34 acres) there are 2 bdrms, 2 full bathrms, 2 living areas, lots of cabinets & storage, & the refrigerator comes with the property. You will fall in love with the covered porch where you can enjoy your morning coffee. Enjoy a large shop with electricity for those special projects, a great covered carport with storage & so much old style charm with tons of potential. There is no survey...buyer to obtain new survey. No repairs will be done. Dont miss this one!!! Such charm at a great price.

Investor Tools

Property Icon
$213,000
Estimated Property Value
$0Estimated Mortgage Balance
$213,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,007
$134,883
2025
$62,000
$72,883
$134,883
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,007
$134,883

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$213,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
N/A
+$1,927/mo
10.9%

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.

Explore Texas Explore This Area
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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815 Prairie Avenue | Property Details | No Agent List