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Cleburne 76033 Towne North Estates
1702 Spring Branch Drive
$230,000
● House - Off Market

1702 Spring Branch Drive

Cleburne, TX 76033
bedrooms
4 Beds
bathrooms
0 Bath
square feet
2,128 Ft²
$234,126
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Needing a home offering lots of space? Look no further!  This home offers 4 bedrooms, 2 living areas, a large dining area, and a bonus area that could be used as a fabulouse walk in pantyr, an office, craft room, or whatever else you may need.  This home is a diamond in the rough that needs some updating to make it your own. The living area is a great size and features a pretty fireplace and mantle.  The living room opens to a second living area that allows plenty of space for entertaining. The dining area is large and would allow you to host many friends and family. The kitchen has lots of cabinets and storage. The backyard has a nice covered porch and two storage buildings.
Unit Size
2,128 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$110
Property Type
House
Property Taxes
$457
HOA Dues
-
Year Built
1979

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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 #20401650)

Price History

Date / Event Date Event Price
Oct 23, 2023 Sold
Premium
Sold
Aug 7, 2023 Listed by Webb Kirkpatrick Real Estate, Inc $235,000
Listed by Webb Kirkpatrick Real Estate, Inc

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,448
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TOWNE NORTH
  • Land Acres: 0000000217
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LOT 3 BLK 3 TOWNE NORTH

Neighborhood

  • School District Name: Cleburne Independent School District
  • School Tax School District: CLEBURNE ISD
  • Census Tract: 130302

Geography

  • Assessors Map Reference: 126.3055.00410
  • Account Number: R000044838
  • Parcel: 126-3055-00410
  • Block: 3
  • Lot: 3
  • Municipality: CITY OF CLEBURNE
  • Latitude: 32.3594
  • Longitude: -97.4253

    Address

  • Full Address: 1702 Spring Branch Dr
  • Address - House Number: 1702
  • Address - Street Name: Spring Branch
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Cleburne
  • Carrier Code: R003
  • 4-Digit Zip Code: 7917
  • Zip Code: 76033

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $536,487
  • Tax Rate Code Area: 4

    Appraisal Valuation

  • Standard Deviation: 0.2113
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 318,170
  • High Value: 385,426
  • Low Value: 250,914

    Market Valuation

  • Market Total Value: $275,220
  • Market Land Value: $37,750
  • Market Improvement Value: $237,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $275,220
  • Assessed Land Value: $37,750
  • Assessed Improvements Value: $237,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2023
  • Current Sale Recording Date: Oct 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 30104
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 Towne North Estates

Stats & Trends

Median Asking:

$232,450

Sale Price/ft²

$176

Above Asking

0.00%

Average Days on Market

46

Average Home Size

763 ft²

Average Home Age

48 years

Currently For Sale

2 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 1426 Brushy Creek Drive, Cleburne, TX, 76033

$2,350 /mo

  • 4 Beds
  • 2 Baths
  • 1,676 ft²
1426 Brushy Creek Drive, Cleburne, TX, 76033 Listing by Preetam Palchuru

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Hope Kirkpatrick, Webb Kirkpatrick Real Estate, Inc
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20401650
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 1702 Spring Branch Drive built and last sold?
The property at 1702 Spring Branch Drive was built in 1979 and last sold on Oct 23, 2023 for $228,092.
How much is this home worth?
The estimated value of the home located at 1702 Spring Branch Drive is $0.
What are some comparable homes to 1702 Spring Branch Drive?
There are currently no comparable homes to 1702 Spring Branch Drive.
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