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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cleburne at 1309 Shannon Dr, Cleburne, TX, 76031 listed at $735,000 pairs $3,221/mo rent with a $3,597/mo payment. Total monthly income runs $3,221/mo. Return on cash invested measures 10.11% in year one, and rental yield registers 5.26% at a $735,000 basis. Equity gained on principal adds $4,743/yr, and annual property appreciation at 5% supports $203,067 by year five. Five-year ROI tracks 51.47% and total cumulative return in cash totals $124,464. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,221/mo property income relative to a $3,597/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1985
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76031, Cleburne, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,803 (100%) |
| Owner Occupied HU | 4,313 (63.4%) |
| Renter Occupied HU | 1,900 (27.9%) |
| Vacant Housing Units | 590 ( 8.7%) |
| Median Home Value | $260,172 |
| Average Home Value | $291,506 |
Residential
6,837
Single Family
6,676
Multi-Family
161
Businesses
386
Date | Event | Price |
|---|---|---|
| 2025-05-13 | Price change | $735,000 |
| 2025-04-22 | Listed for sale | $760,000 |
| 2025-03-08 | Listing removed | $795,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $302,830 | 10.00% |
| 2023-07-01 | $2471.81 | -34.63% | $275,300 | 10.00% |
| 2022-07-01 | $3781.40 | -4.43% | $250,273 | 10.00% |
Listed by: Mark Long • Texas Property Brokers, LLC
Mls Name: NTREIS
Mls ID: #20912076
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
