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Days149Days on Market
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$250,000

856 Towngreen Dr, Cleburne, TX, 76031

$266,194 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,878 Sq Ft
price_per_sqft$133.12 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyPre-ForeclosureMust-Sell

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesDishwasher, Electric Range

Exterior

Lot Size7,200 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN126.2088.05150
Lot Number15
SubdivisionThe Villages At Mayfield
Land UseResidential
Legal DescriptionLOT 15 BLK 5 THE VILLAGES AT MAYFIELD
Census Tract130304
Assessed Land Value$59,000
Assessed Improvement Value$253,728
Assessment Year2025

About this property

This beautifully maintained two-story home offers a perfect blend of modern design and everyday comfort in a welcoming community setting. With an open and airy layout, the main living areas flow seamlessly, creating an ideal space for both entertaining and daily living. The kitchen is thoughtfully designed with contemporary finishes and ample counter space, making it as functional as it is stylish. Upstairs, the home features generously sized bedrooms along with a versatile loft area that can easily serve as a home office, game room, or second living space. The primary suite provides a private retreat with a well-appointed bathroom and spacious closet. Enjoy the charm of a covered front porch and the convenience of an attached two-car garage. Energy-efficient features add value and help keep utility costs manageable. The neighborhood offers a sense of community with nearby green spaces and walking areas, perfect for relaxing or staying active. Ideally located near schools, shopping, and dining, 856 Towngreen Drive offers comfort, style, and convenience — a wonderful place to call home.

Investor Tools

$350,211Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$266,194
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,876 /month
Positive
Cash Flow Estimate:
$625 /month

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Lorena Garcia

Lorena Garcia, Broker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,973
$312,728
2025
$59,000
$253,728
$312,728
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,973
$312,728

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lifestyle Home Lending Llc
Fha
$284,737
Yes
First
Mar 17, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,211
N/A
0%
112%
$2,211/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$2,691/mo
$-306/mo
9.2%

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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856 Towngreen Dr | Property Details | No Agent List