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$307,000

NAL Estimated Property Value

840 S Ridgeway Dr, Cleburne, TX, 76033

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.69 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1977
Garage Spaces2

Land Information

APN126.3087.01980
Lot Number8
Land UseResidential
Legal DescriptionLOT 8 BLK 10 WILLOW CREEK
Census Tract131000
Assessed Land Value$65,000
Assessed Improvement Value$232,484
Assessment Year2025

About this property

New Roof installed December 16th which is big savings on insurance. Start 2026 in your new home! This beautifully maintained home offers exceptional curb appeal with a welcoming front porch and a large, gated side driveway. Inside, you’ll find a bright and open layout featuring 4 spacious bedrooms and 2 full bathrooms. The living area includes a cozy gas fireplace and flows seamlessly into the kitchen and breakfast nook, creating an ideal space for family gatherings and entertaining. The home features newer windows and flooring, no popcorn ceilings, and plenty of natural light throughout. The dining room—currently used as an office—provides flexible living options to suit your needs. Three of the four bedrooms include walk-in closets, and the oversized laundry room provides additional convenience and storage space. Step outside to enjoy the expansive backyard, perfect for outdoor entertaining, recreation, or future additions. With ample parking, a large lot, and thoughtful updates, this property offers both comfort and functionality. This home is perfect for anyone looking for space to grow in a welcoming, move-in-ready property.

Investor Tools

Property Icon
$307,000
Estimated Property Value
$203,713Estimated Mortgage Balance
$103,287Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,125
$297,484
2025
$65,000
$232,484
$297,484
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,125
$297,484

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loanpeople Llc
Conventional
$208,000
No
First
Apr 1, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,713
$103,287
33%
66%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,927/mo
$1,248/mo
+$679/mo
7.5%

City: Cleburne

840 S Ridgeway Dr | Property Details | No Agent List