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Cleburne 76033 Cross Creek Estates
1702 Riverway Drive
$319,000
● House - Off Market

1702 Riverway Drive

Cleburne, TX 76033
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,661 Ft²
$426,565
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

You'll LOVE this beautiful 2,661 square foot home situated on a corner lot within the sought after Cross Creek Estates! This property offers 4 bedrooms, 2.5 baths, a large bonus room upstairs perfect space for a game room complete with built ins, hidden extra office space upstairs, and a large formal dining room or currently used as an office downstairs. Great open concept kitchen and living room space. The kitchen has white painted cabinets, granite counter tops, and brand new stainless steel appliances!  This home has plenty of space for the whole family! The backyard oasis complete with covered porch and swimming pool with a slide is perfect for entertaining!
Unit Size
2,661 Ft²
Days on Market
-
Land Size
0.20 acres
Price per sqft
$120
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
2007

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (NTREIS #14434031)

Price History

Date / Event Date Event Price
Oct 29, 2020 Sold
Premium
Sold
Sep 14, 2020 Listed by HBS Real Estate $319,000
Listed by HBS Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 970
  • Lot Size Frontage Feet: 560
  • Total Building Area: 2,655
  • Building Area: 2,655
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,655
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CROSS CREEK ESTATES SECT ONE
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 3R BLK 2 CROSS CREEK ESTATES SECT ONE

Neighborhood

  • School District Name: Cleburne Independent School District
  • School Tax School District: CLEBURNE ISD
  • Census Tract: 130602

Geography

  • Assessors Map Reference: 126.3720.02030
  • Account Number: R000074934
  • Parcel: 126-3720-02030
  • Block: 2
  • Lot: 3R
  • Municipality: CITY OF CLEBURNE
  • Latitude: 32.3126
  • Longitude: -97.408

    Address

  • Full Address: 1702 Riverway Dr
  • Address - House Number: 1702
  • Address - Street Name: Riverway
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Cleburne
  • Carrier Code: R015
  • 4-Digit Zip Code: 6954
  • Zip Code: 76033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $835,620
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 378,216
  • High Value: 458,164
  • Low Value: 298,267

    Market Valuation

  • Market Total Value: $361,897
  • Market Land Value: $53,000
  • Market Improvement Value: $308,897

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $361,897
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $308,897

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2020-35121
  • Previous Sale Recording Date: Oct 30, 2020
  • Previous Sale Contract Date: Oct 29, 2020
  • Previous Sale Amount: $339,416
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cross Creek Estates

Stats & Trends

Median Asking:

$304,200

Sale Price/ft²

$179

Below Asking

0.05%

Average Days on Market

86

Average Home Size

1798 ft²

Average Home Age

10.5 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 406 Bellevue Drive, Cleburne, TX, 76033

$2,800 /mo

  • 4 Beds
  • 3 Baths
  • 3,083 ft²
406 Bellevue Drive, Cleburne, TX, 76033 Listing by Anthony Cole
Unit for rent at 706 Buffalo Creek Drive, Cleburne, TX, 76033

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,832 ft²
706 Buffalo Creek Drive, Cleburne, TX, 76033 Listing by Elgina Parilla

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Kali Jones, HBS Real Estate
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14434031
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1702 Riverway Drive built and last sold?
The property at 1702 Riverway Drive was built in 2007 and last sold on Oct 29, 2020 for $194,000.
How much is this home worth?
The estimated value of the home located at 1702 Riverway Drive is $0.
What are some comparable homes to 1702 Riverway Drive?
There are currently no comparable homes to 1702 Riverway Drive.
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