Last 24 Hours
$75,000
309 Boyd St, Cleburne, TX, 76031
$97,500 ARV
On Market
Just Added
2 Beds
1 Bath
1,152 Sq Ft
Mobile Homes
$65.1 / sqft
Built in 1983Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 2
Bathrooms Full 1Exterior
Lot Size15,377 sqft
Building Information
Year Built1983
Land Information
APN126.2845.00190
Lot Number5-6
Land UseResidential
Legal DescriptionLOT 5,6 BLK 702C EASTERN HEIGHTS S# 4338526151A/B L# TEX0254845/6 ELECTED REAL
Census Tract130900
Assessed Land Value$23,500
Assessed Improvement Value$15,949
Assessment Year2025
About this property
Bring your vision to these two treed lots totaling 0.353 acres in Cleburne! Mature trees and a spacious setting offer an appealing opportunity to create a new homesite with room for outdoor living, landscaping, and a generous yard. The primary value is in the land, making this property an attractive option for buyers looking to build homes or investors seeking their next project. An existing 1983 mobile home requires extensive rehabilitation or removal. Explore the potential to start fresh and make the most of this property.
Investor Tools
$0Estimated Mortgage Balance
$184,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$97,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,104 /month
Positive
Cash Flow Estimate:
$368 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$92/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$187
$39,449
2025
$23,500
$15,949
$39,449
No
Tax History
Year
Tax Paid
Assessed Value
2025
$187
$39,449
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$184,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,456/mo
N/A
+$1,456/mo
9.5%
12.4%