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Cleburne 36264
38 County Road 437
$100,000
● Mobile Manufactured - Off Market

38 County Road 437

Heflin, AL 36264
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,280 Ft²
$618
Est. Monthly
16.72%
Cap Rate

About This Property

Have the interest rates and inflation kept you from being able to afford to live? Here is your chance at affordability!! Discover this 3 bedroom, 2 bathroom home where comfort meets thriftiness. This home has been recently updated and is totally move in ready! You can enjoy privacy in the split bedroom plan. Once you step inside the primary bathroom, you will love how spacious it is and the soaking tub that will help you soak away all worries! The walk in closet is extra spacious and is such an added bonus!   Once outside, step into your personal oasis of your covered back porch, complete with a hammock perfect for lazy afternoons. The backyard is spacious and complete with a nice swing set, that make for fun weekends! Don't let this opportunity pass!
Unit Size
1,280 Ft²
Days on Market
13 days
Land Size
0.64 acres
Price per sqft
$94
Property Type
Mobile Manufactured
Property Taxes
$28
HOA Dues
-
Year Built
-

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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: 9 months ago (GAMLS #20178724)

Price History

Date / Event Date Event Price
Apr 24, 2024 Sold
Premium
Sold
Apr 11, 2024 Listed by Triple R Real Estate LLC $120,000
Listed by Triple R Real Estate LLC
Mar 21, 2024 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Standard Land Use Code: 8000
  • Legal Description 1: BEG AT INT S R/W CO RD #66 & W R/W CO RD #437 TH NW ALG S R/W CO RD #66 138.48 SE 218.52 TO INT W R/W CO RD #437 TH N ALG W R

Neighborhood

  • School District Name: Cleburne County School District
  • School Tax School District: 1
  • Census Tract: 959700

Geography

  • District: 1
  • Parcel: 18 10 07 36 0 000 007.011
  • Meridian: SEC 36 TWN 15S RNG 11E
  • Municipality: COUNTY
  • Latitude: 33.6771
  • Longitude: -85.4442

    Address

  • Full Address: 38 County Road 437
  • Address - House Number: 38
  • Address - Street Name: County Road 437
  • State: AL
  • City Name: Heflin
  • Carrier Code: R004
  • 4-Digit Zip Code: 5928
  • Zip Code: 36264

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $148
  • Tax Rate Code Area: 1

    Market Valuation

  • Market Total Value: $340
  • Market Land Value: $340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68
  • Assessed Land Value: $68

    Sales

  • Current Sale Contract Date: Mar 20, 2024
  • Current Sale Recording Date: Mar 21, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 820024355
  • Previous Sale Recording Date: Mar 19, 2024
  • Previous Sale Contract Date: Nov 27, 2023
  • Previous Sale Amount: $9,500
  • 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 Cleburne

Stats & Trends

Median Asking:

$254,500

Sale Price/ft²

$168

Below Asking

0.03%

Average Days on Market

93

Average Home Size

2213 ft²

Average Home Age

26.6 years

Currently For Sale

23 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

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GAMLS

Listed by: Lindsey Hammond, Triple R Real Estate LLC
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 20178724
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 38 County Rd 437 built and last sold?
The property at 38 County Rd 437 was built in and last sold on Mar 20, 2024 for $58,500.
How much is this home worth?
The estimated value of the home located at 38 County Rd 437 is $0.
What are some comparable homes to 38 County Rd 437?
There are currently no comparable homes to 38 County Rd 437.
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