Nice 4-plex with fresh paint outside, various upgrades since 2009. New roof in 2011. 100% occupied. Tenant pays electric, seller pays water and lawn maintenance (approx. 3400 dollars annually) Each unit has WBFP, washer-dryer connections, dishwashers, stoves and refrigerators, small fenced back patio. Seller is a licensed realtor.
Multi-familyProperty Type
1982Year Built
9,975 sq ftLot Size
$116Est. Price/Sq.Ft.
8 spacesParking
Listed by Ryan Schwartz• Keller Williams Dallas Midtown
Listed by Sheryl McMinn
Bought with JERENE MIRACLE• Coldwell Banker Bob King Realty
Cable TV Available, High Speed Internet Available, Paneling, Window Coverings
Fireplace Features: Wood Burning
Flooring: Carpet, Vinyl
Heating & Cooling
Central A/C (Electric), Central Heat (Electric)
Multi-Unit Information
# of Units: 4
# of Units: 4
Capitalization Rate: 12.63
Gross Annual Expenses: $4,771
Gross Annual Income: $30,900
Gross Income Multiplier: 5.76
Insurance Expense: $1,116
Net Annual Income: $22,485
Occupancy Rate: 100
Total Annual Expenses Include: Insurance, Lawn Care, Taxes, Water/Sewer/Trash
Unit Type 1 Information
Sq. Ft.: 1,040
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bedrooms: 2
Master Bedroom Dimensions: 11
Master Bedroom Width: 13
Dining Area Dimensions: 10
Dining Area Width: 7
Kitchen Dimensions: 10
Kitchen Width: 7
Living Area Dimensions: 11
Living Area Width: 14
Lease: 625
# of Units: 1
Unit 2 Information
Sq. Ft.: 1,040
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bedrooms: 2
Master Bedroom Dimensions: 11
Master Bedroom Width: 13
Dining Area Dimensions: 10
Dining Area Width: 7
Kitchen Dimensions: 10
Kitchen Width: 7
Living Area Dimensions: 11
Living Area Width: 14
Lease: 625
# of Units: 1
Unit 3 Information
Sq. Ft.: 1,040
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bedrooms: 2
Master Bedroom Dimensions: 11
Master Bedroom Width: 13
Dining Area Dimensions: 10
Dining Area Width: 7
Kitchen Dimensions: 10
Kitchen Width: 7
Living Area Dimensions: 11
Living Area Width: 14
Lease: 700
# of Units: 1
Unit 4 Information
Sq. Ft.: 1,040
# of Baths (Full): 1
# of Baths (1/2): 1
# of Bedrooms: 2
Master Bedroom Dimensions: 11
Master Bedroom Width: 13
Dining Area Dimensions: 10
Dining Area Width: 7
Kitchen Dimensions: 10
Kitchen Width: 7
Living Area Dimensions: 11
Living Area Width: 14
Lease: 625
# of Units: 1
Exterior
Building Information
Pre-Owned
# of Buildings: 1
Building Area Source: Tax
Foundation: Slab
Exterior Features
Patio Open
Roof: Composition
Exterior Construction: Brick, Fiber Cement, Wood
Fencing: Wood
Property Information
Exclusions: Mineral rights
Property Features
# of Stories: 2
Dishwasher, Range/Oven (Electric), Water Line to Refrigerator
Security Features: Smoke Detector
Lot Information
Block: B
Lot Number: 3
Features: Interior Lot, Landscaped
Lot Size Units: Acres
Area: 0.229
Area Sq. Ft.: 9,975.24
Lot Size Dimensions: 112 x 80 x 110 x 80
Parcel Number: 126305506480
Financial
Tax Information
Tax Legal Description: LOT 3 BLK B TOWNE NORTH
Unexempt Taxes: $3,655
Financial Information
Financing Proposed: Cash, Conventional
Utilities
Utility Information
City Sewer, City Water, Community Mailbox, Curbs, Master Water Meter
Green Features
Ceiling Fans, Electric Water Heater, Programmable Thermostat
Location
School Information
Elementary School Name: Marti
Middle School Name: Ad Wheat
High School Name: Cleburne
School District: Cleburne ISD
Location Information
Subdivision Name: Towne North
Complex Name: none
Directions: from courthouse west on Henderson, right or north on Nolan River Road, property on left
Map Book: Ellis/Johnson/Hill/Navarro
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 4,160
Stories: —
Lot Size: 8,873 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1982
Year Renovated: —
County: Johnson County
APN: 126.3055.06480
Home facts updated by county records on Jul 23, 2026
Other
Available Documents
Owner is Agent
Around this home
Schools
Marti Elementary School
Public PreK-4 • Assigned • 0.9mi
3/10
Ad Wheat Middle School
Public 7-8 • Assigned • 0.9mi
4/10
Cleburne High School
Public 9-12 • Assigned • 0.9mi
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.