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About this home
Exceptional Investment Opportunity – Townhouse Development Plans are drawn, ready-to-build multifamily development located on a 1.961-acre lot with MF zoning in a growing area of Cleburne. This offering includes approved plans and city entitlements for 20 townhomes, allowing a buyer to move forward, just waiting on City final approval. The project is thoughtfully designed for modern townhouse living and optimized for density, functionality, and market demand. Ideal for developers seeking a turnkey opportunity with approvals in place, or investors looking to capitalize on the strong need for quality multifamily housing. Key Highlights: -Approved for 20 townhomes -Plans and city approvals included in purchase price -1.961 acres of buildable land - Multifamily zoning -Utilities nearby -Strong rental or resale potential Excellent location with convenient access to schools, retail, dining, and major roadways This is a rare opportunity to acquire a shovel-ready multifamily project with significant upside and reduced development risk.
Vacant landProperty Type
1.96 acresLot Size
$188,724Price/Acres
Listed by Anabella Lopez• Hanna & Cook Realty, LLC
Large lot in good area. Zoned Townhouse District. Seller will divide one acre $60,000 . Second . .9 acre will be $60,000. Water and sewer will have to be brought to property. Sewer stops at church . Not far away. buyer should check schools.
NTREIS #14171131
Jan 15, 2020
Listing Removed
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Sep 6, 2019
Listed
$180,000
Year
Property tax
Land + Additions
Assessment*
2025
$2,707 (+1.5%)
$119,590
2024
$2,666 (+0.2%)
$119,590
2023
$2,661 (−11.1%)
$119,590
2022
$2,993 (−4.1%)
$119,590
2021
$3,120 (+1,007.4%)
$119,590
2020
$282 (−0.8%)
$10,251
2019
$284 (−6.2%)
$10,251
2018
$303
$10,251
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
1.96 Acres
Year renovated
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Finished Sq. Ft.
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Unfinished Sq. Ft.
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Total Sq. Ft.
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Year built
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Style
Vacant Land
County
Johnson County
APN
126.2812.00010
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Nov 26, 2025.
MF-1
Medium-Density Residential District
This district is intended to provide for development of medium-density residential, such as dwelling, single-family attached-duplex, dwelling, single-family attached - townhouse, as well as dwelling, multi-family that consists of no more than eight units on a single lot.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Public service
Cemetery
Park & open space
Local insights from Redfin agents
Cleburne has a distinctive small-city feel while still offering convenient access toward Fort Worth via the Chisholm Trail Parkway. Downtown Cleburne has continued to evolve with locally owned restaurants, shops and historic architecture.