$304,634*
●
Land -
Off Market
5348 SH 171 #4
Cleburne, TX 76031
Studio
0 Bath
$276,000 - $336,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
This 12 + acre lot has many special features. It has over 500 ' of
frontage on SR 171. The original loafing barn & pipe fencing
with headgate are on this lot. While the barn is not in great shape
it still does have some use for a small cattle operation. There are
2 farm tanks or ponds. Most of the lot is open grassland, but the
trees along the boundary & around the tanks add are special
features. A portion of the property is located in a flood plain.
With rolling terrain, there are beautiful home site opportunities.
The property is AG exempt, & the owner has had the foresight
to create restrictions that are not limiting but preserve the
integrity of this lot and the surrounding 4 lots, which are also
for sale and range in size from 10-16+ acres. It is 30 min to FW,
45 min. to Dallas.
Unit Size
-
Days on Market
-
Land Size
12.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-
Payment Calculator
Home Price
Down Payment
%
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Interest %
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Principal + Interest:
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 10, 2025 | No longer available | - | |
| No longer available | |||
| Nov 17, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 12, 2025 | Listed | $215,000 | |
| Listed | |||
| | |||
|
This 12 + acre lot has many special features. It has over 500 ' of frontage on SR 171. The original loafing barn & pipe fencing with headgate are on this lot. While the barn is not in great shape it still does have some use for a small cattle operation. There are 2 farm tanks or ponds. Most of the lot is open grassland, but the trees along the boundary & around the tanks add are special features. A portion of the property is located in a flood plain. With rolling terrain, there are beautiful home site opportunities. The property is AG exempt, & the owner has had the foresight to create restrictions that are not limiting but preserve the integrity of this lot. It is 30 min to FW, 45 min. to Dallas.
| |||
| Jun 16, 2025 | Listed | $220,572 | |
| Listed | |||
| | |||
|
This 12 + acre lot has many special features. It has over 500 ' of frontage on SR 171. The original loafing barn & pipe fencing with headgate are on this lot. While the barn is not in great shape it still does have some use for a small cattle operation. There are 2 farm tanks or ponds. Most of the lot is open grassland, but the trees along the boundary & around the tanks add are special features. A portion of the property is located in a flood plain. With rolling terrain, there are beautiful home site opportunities. The property is AG exempt, & the owner has had the foresight to create restrictions that are not limiting but preserve the integrity of this lot. It is 30 min to FW, 45 min. to Dallas.
| |||
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Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/16/2025
|
Loft
|
-
|
-
|
$220,572
Loft
-
|
-
-
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
09/18/2024
|
Loft
|
-
|
-
|
$238,953
Loft
-
|
-
-
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
10/10/2023
|
Loft
|
-
|
-
|
$238,953
Loft
-
|
-
-
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
10/10/2023
|
Loft
|
-
|
-
|
$188,922
Loft
-
|
$185,000
-2.08%
05/03/2024
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
10/09/2023
|
Loft
|
-
|
-
|
$220,418
Loft
-
|
$210,000
-4.73%
06/05/2024
|
Marc Followwell
Keller Williams Realty
| |
|
10/09/2023
|
Loft
|
-
|
-
|
$192,831
Loft
-
|
$180,000
-6.65%
03/15/2024
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
12/08/2022
|
Loft
|
-
|
-
|
$253,725
Loft
-
|
-
-
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
12/08/2022
|
Loft
|
-
|
-
|
$306,350
Loft
-
|
-
-
|
John Pollock
RE/MAX Pinnacle Group Realtors
| |
|
12/08/2022
|
Loft
|
-
|
-
|
$256,300
Loft
-
|
-
-
|
John Pollock
RE/MAX Pinnacle Group Realtors
|
Building Info
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