$252,304*
●
Land -
Off Market
5348 SH 171 #5
Cleburne, TX 76031
Studio
0 Bath
$228,000 - $278,000
Reference Base Price*
-0.56%
Since Sep 1, 2023
National-US
Primary Model
About This Property
This 10 + acre lot boasts over 600' of frontage on SR 171 with
beautiful location for your country home. This lot is on the
perimeter of the original property so there is fencing on 2 sides
of the lot. A portion of the property is located in the flood zone.
Water is through Johnson County Water Utility and a meter
will need to be purchased. It is 30 minutes to FW, 45 minutes to
Dallas, and 1 hour to Waco. There are beautiful home site
opportunities. The property is AG exempt, and 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.
Unit Size
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Days on Market
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Land Size
10.15 acres
Price per sqft
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Property Type
Land
Property Taxes
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HOA Dues
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Year Built
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Payment Calculator
Home Price
Down Payment
%
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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
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Oct 9, 2023 | Listed | $192,831 | |
| Listed | |||
| | |||
|
This 10 + acre lot boasts over 600' of frontage on SR 171 with beautiful location for your country home. This lot is on the perimeter of the original property so there is fencing on 2 sides of the lot. A portion of the property is located in the flood zone. Water is through Johnson County Water Utility and a meter will need to be purchased. It is 30 minutes to FW, 45 minutes to Dallas, and 1 hour to Waco. There are beautiful home site opportunities. The property is AG exempt, and 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.
| |||
| Aug 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 9, 2023 | Relisted | $253,725 | |
| Relisted | |||
| Jul 8, 2023 | No longer available | - | |
| No longer available | |||
Show More
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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