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1623 Hawthorne Street
About This Property
Welcome to 1623 Hawthorne Street in Cleburne - where charm, community, and holiday magic all come together. This custom-built, one-owner home sits in a non-HOA neighborhood and offers 4 bedrooms, 2 bathrooms, and the kind of thoughtful layout that feels like home the second you walk in. Step outside and you'll find an outdoor living area made for gathering, complete with a wood-burning fireplace and a backyard oasis perfect for slow mornings, game days, and cozy evenings under the Texas sky. And the location? Hawthorne Street is known for its festive spirit - Holidays on Hawthorne feels straight out of a movie scene, making it one of the most magical streets in town. Plus, you're close to Gerard Elementary and Smith Intermediate, adding everyday convenience to this already special home. Custom built. One owner. No HOA. Backyard oasis. And located on one of Cleburne's most beloved streets.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jun 10, 2026 | In contract | - | |
| In contract | |||
| Jun 8, 2026 | Relisted | $379,000 | |
| Relisted | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by OnDemand Realty | $379,000 | |
| Listed by OnDemand Realty | |||
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About Winchester
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017