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$839,134

NAL Estimated Property Value

829 N Nolan River Road, Cleburne, TX, 76033

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,280 Sq Ft
price_per_sqft$150 / sqft
Year BuiltBuilt in 2001

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet, Ceramic Tile

Exterior

Lot Size29,926 sqft

Building Information

Year Built2001

Land Information

APN126.2802.51100
Lot Number3
Land UseCommercial
Legal DescriptionLOT 3 BLK 2 AIRPORT PARK BUS CTR SEC2 126.5528.02605
Census Tract130302
Assessed Land Value$131,552
Assessed Improvement Value$707,582
Assessment Year2025

About this property

Medical office building with space for at least two doctors (one or more on each side) with large waiting room. 8 exam rooms or 6 exams rooms and 2 offices with large records and storage room and nurse station in the middle. 3 restrooms (one on each side of building for patients and one in back for employees). Break room and janitorial closet at back of building. 15 parking spaces in front of building (3 are handicap spaces) and 13 parking spaces in back of building. Conveniently located in Cleburne on N. Nolan River Rd. with easy access to Chisholm Trail Parkway, Hwy 67, and Henderson St., and Texas Health Harris Methodist Hospital Cleburne. Located in an area of professional medical offices.

Investor Tools

Property Icon
$839,134
Estimated Property Value
$349,591Estimated Mortgage Balance
$489,543Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,035 /month
Positive
Cash Flow Estimate:
$1,678 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,942/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,113
$839,134
2025
$131,552
$707,582
$839,134
No

Tax History

Year
Tax Paid
Assessed Value
2025
$19,113
$839,134

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pinncacle Bank
Commercial
$404,438
No
First
Jul 31, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,591
$489,543
58%
42%
$2,425/mo

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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829 N Nolan River Road | Property Details | No Agent List