447 Bales Street
About This Property
Inside, discover the warmth of original hardwood floors that grace the main living spaces, offering both charm and durability. This well-maintained home features two dining areas, ideally suited for both intimate meals and festive gatherings. The cozy living room is an inviting haven, ideal for relaxation and conversation during cooler Texas evenings.
The exterior features is sure to bring this home to the top of your list. A breezeway and extended patio present an idyllic setting for morning coffee or evening reflection. The property includes two convenient storage buildings, offering ample space for tools, hobbies, or seasonal items.
Highlighting versatility, the 2-car garage is both heated and cooled, an exceptional addition perfect for a man cave, hosting lively family gatherings, indulging in crafts, or operating a workshop. This feature complements the inviting interiors by extending your living space creatively and functionally.
Visit this Cleburne home and envision a future filled with comfortable living, cherished gatherings, and leisurely outdoor enjoyment. This gem is not just a house, but truly a place to call home.
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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 |
|---|---|---|---|
| Oct 16, 2026 | Listed by Coldwell Banker Apex, REALTORS Cleburne | $239,900 | |
| Listed by Coldwell Banker Apex, REALTORS Cleburne | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017