looking for investment property, this well built brick duplex in high demand area for rentals could be yours. Currently leased and tenants are on a month to month lease. Each unit has large living area with wood burning fireplace open to the kitchen area with a separate dining room. built in appliances, cabinets and pantry. Master bedroom has its own full bath and the other two bedrooms share a full bath from the hall. nice size closets, utility room and even an attached two car garage. Both units are identical in floor plans. current lease rate is below market rate, rates can be changed when new owners take over.
Multi-familyProperty Type
1978Year Built
6,882 sq ftLot Size
$114Est. Price/Sq.Ft.
2 garage spacesParking
Listed by DeAnna King• Coldwell Banker Apex, REALTORS Cleburne
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
6
Baths
4
Stories
—
Lot width
—
Lot depth
—
Lot size
6,900 Sq. Ft.
Year renovated
—
Sq. Ft.
3,060
Year built
1978
Style
Multi-Family (2-4 Unit)
County
Johnson County
APN
126.3055.00810
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 23, 2026.
MF-2
High-Density Residential District
This district is intended to provide for development of attached residential units, such as multi-family developments with nine or more units.
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
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 2
Number Of Parking Spaces: 4
Parking Features: 2-Car Single Doors, Garage Door Opener
Parking & Garage
Has Garage
Has Attached Garage
Garage Spaces: 2
Garage Width: 20
Garage Length: 20
Interior
Virtual Tour
Fireplace Information
Fireplaces Total: 1
Fireplace Features: Brick, Wood Burning
Heating & Cooling
Cooling: Ceiling Fan(s), Central Air, Electric
Heating: Central, Electric
Interior Features
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater
Levels: One
Flooring: Carpet, Ceramic Tile, Other
Interior Features: Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, Open Floorplan, Pantry, Other
Window Features: Window Coverings
Multi-Unit Information
Number Of Buildings: 1
Number Of Units Total: 2
Unit Count: 2
Gross Annual Income: 23700.00
Gross Annual Expenses: 5077.00
Insurance Expense: 1900
Net Operation Income: 16723
Exterior
Building Information
Roof: Composition
Construction Materials: Brick, Siding
Foundation Details: Slab
Exterior Features
Exterior Features: Covered Porch(es), Lighting
Fencing: Privacy, Wood
Patio And Porch Features: Covered, Rear Porch
Lot Information
Lot Features: Corner Lot, Few Trees, Landscaped
Lot Size Acres: 0.1580
Lot Size Area: 0.1580
Lot Size Square Feet: 6882.4800
Lot Size Units: Acres
Parcel Number: 126305500810
RATIO List Price By Lot Size Acr: 2373417.72152
Will Subdivide: No
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Accessibility Features YN: No
Accessory Unit YN: No
Multi Parcel IDYN: No
Property Key: 48251|126305500810|1|9620161
Property Match: Address
US Property MUI: 403165315
Building Information
Building Area Total: 3060.00
Building Area Source: Public Records
Year Built: 1978
Year Built Details: Preowned
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 5
Tax Legal Description: LOT 12 BLK 5 TOWNE NORTH
Tax Lot: 12
Unexempt Taxes: 6649
Lease Information
Tenancy: Month to Month
Financial Information
Buyer Financing: Conventional
Capitalization Rate: 4.46
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: All Weather Road, City Sewer, City Water, Individual Water Meter
Location
HOA Information
Association Type: None
School Information
Elementary School Name: Marti
High School Name: Cleburne
Middle School Name: Ad Wheat
School District: Cleburne ISD
Location Information
County Or Parish: Johnson
Country: United States
Directions: coming into Cleburne from the CTP continue south on Nolan River Rd sign in place on your right
Latitude: 32.35753500
Longitude: -97.42200200
Geocode Confidence: High
Complex Name: n/a
Subdivision Name: Towne North
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 3,060
Stories: —
Lot Size: 6,900 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1978
Year Renovated: —
County: Johnson County
APN: 126.3055.00810
Home facts updated by county records on Jul 23, 2026
Other
Green Verification Information
Green Verification Count: 0
Listing Information
Consent for Visitors to Record: None
Exclusions: mineral rights
Listing Agreement: Exclusive Right To Sell
Listing Id: 20150022
Listing Key Numeric: 419677071
Listing Terms: Cash, Conventional
Mls Status: Closed
Previous Status: Pending
Notice Surveillance Devices Pres: None
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 6
Possession: Negotiable
Seller Contributions: 10000
Special Listing Conditions: Standard
Special Notes: Survey Available
Standard Status: Closed
Third Party Assistance Program Y: No
Listing Date Information
Days On Market: 10
Cumulative Days On Market: 10
Close Date: 2022-10-18
Purchase Contract Date: 2022-09-05
Expiration Date Option: 2022-09-11
Listing Contract Date: 2022-08-26
Off Market Date: 2022-09-05
Price Change Timestamp: 2022-08-26T12:42:00.800
Status Change Timestamp: 2022-10-19T09:35:51.040
Listing Price Information
Original List Price: 375000.00
List Price: 375000.00
RATIO Close Price By Lot Size Ac: 2405063.29114
RATIO Current Price By Lot Size: 2405063.29114
Around this home
Schools
Marti Elementary School
Public PreK-4 • Assigned • 0.9mi
3/10
Ad Wheat Middle School
Public 7-8 • Assigned • 0.8mi
4/10
Cleburne High School
Public 9-12 • Assigned • 0.8mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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.