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$295,000

900 Stonelake Dr, Cleburne, TX, 76033

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.5 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Cooktop, Electric Oven, Refrigerator
FlooringCombination

Exterior

Exterior FeaturesStorage
Lot Size13,491 sqft

Building Information

Year Built1979

Land Information

APN126.3068.00320
Lot Number11
Land UseResidential
Legal DescriptionLOT 11 BLK 2 WESTHILL TERRACE
Census Tract131000
Assessed Land Value$61,500
Assessed Improvement Value$304,553
Assessment Year2025

About this property

Welcome to 900 Stonelake Drive in Cleburne! This spacious 3-bedroom, 2-bath home offers 2,428 square feet and a flexible layout with plenty of room to make it your own. The converted garage provides valuable additional living space and can serve as a second living area, den, home office, or even a larger bedroom depending on your needs. Major updates include storm windows and steel exterior doors replaced in 2019, a roof replaced in 2019, and a central HVAC system and water heater both replaced in 2024. With its generous square footage, versatile living spaces, and important updates already completed, this home offers a great opportunity for buyers looking for space, functionality, and value in Cleburne.

Investor Tools

$187,072Estimated Mortgage Balance
$178,981Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$843/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,286
$366,053
2025
$61,500
$304,553
$366,053
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,286
$366,053

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$208,459
Yes
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,072
$178,981
48%
51%
$1,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,385/mo
$1,250/mo
+$1,135/mo
7.8%

City: Cleburne

900 Stonelake Dr | Property Details | No Agent List