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Days on Market
15
Views
N/A
Saves
N/A
Property Estimate
$105,000
ROI
12.15%
LT Rental Confidence
Very High
Cap Rate
10.9%
Rent / Price
1.28%
Address:
407 Erie St, Cleburne, TX 76031
Property Type
Single Family
Area
966 sqft
Bed & Bath
2bd / 1ba
Property Condition
Turn-Key
N
Contact Realtor
N/A

Property Report

May take a moment to make the report.

Research Market
TX 76031
Local Property Manager
N/A
Property photo
Area
966 sqft
Bed
2
Bath
1

Property Details

HOA Cost
None
Year Built
1920
Price Per Square Foot
$109 /sqft
Lot Size
10,106 sqft
Property Parking
N/A
Public Transport Score
N/A
Bike Score
N/A
Walkability
N/A

Seller Description

Uncover the potential this home has to offer. Sitting on a corner lot with a spacious yard and cozy living space. This property offers a blank canvas for your creative vision. Perfect for investors looking for their next project. Home is being sold as is.

Schools

School District:
N/A

Irving Elementary School

School Rating
6 /10
Grades
PK-5
Distance
0.7 miles

Ad Wheat Middle School

School Rating
4 /10
Grades
6-8
Distance
2.3 miles

Cleburne High School

School Rating
5 /10
Grades
9-12
Distance
2.7 miles

ROI Breakdown

Return on Investment
12.15%ROI
Total Income
$1,340
Total Expenses
$741
Total Appreciation
$254,863

Income

Monthly

Income
Monthly Income$1,340
Total Income
$1,340

Expenses

Monthly

Expenses
Mortgage$354
PMI$0
Maintenance$67
Cap Ex$94
Property Tax$26
Property Management$107
Home Insurance$37
HOA$0
Vacancy$56
Total Expenses
$741

Appreciation

30 yrs

Appreciation
Annual House Appreciation3%
Total Appreciation
$254,863

Return on Investment

30 yrs

Return on Investment
Total Initial Cost$27,825
Total Expenses$440,600
Total Appreciation$254,863
Selling Fee (6%)$15,292
Total Income$1,068,337
Total ROI
12.15%

Rental Opportunities

Zillow

Long-Term Rental Information

Average Monthly Revenue
$1,340
Average Monthly Expense
$741
Monthly Property Tax
$26
Estimated Monthly Profit
$599
LT Rental Confidence
Very High
Airbnb

Short-Term Rental Information

Average Monthly Rate
$1,732
Average Monthly Expense
$1,425
Average Nightly Rate
$121
Average Monthly Occupancy
48%
Estimated Monthly Profit
$307
ST Rental Confidence
N/A

Historical and Forecasting Property Data

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