701 College St

Cleburne, TX 76033
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Sold
Sold
$482,001 - $552,000
Sold on September 30, 2022

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9 Bedroom(s)
6 Full Bath(s)
0.40 Lot Acres
Multi-Family - 5 Plus

Home value comparables

Using a REALTOR is the best way to determine the market price of a home. Start this process by viewing the third-party valuations and then contact a Realtor to determine a reasonable purchase price for a home.

Current Valuations

Home Value Comparables
AVM Value
$425K
Value Range
$ 424,538
Confidence Score
NA
Limitations: This represents an estimated sales price for this property. It is not the same as the opinion of value in an appraisal developed by a licensed appraiser under the Uniform Standards of Professional Appraisal Practice. The values do not include a physical or visual inspection of the subject property. User shall not use the values in lieu of an appraisal by a licensed appraiser or as a basis for making any financial decision.

Zestimate Home Values are provided by Zillow, Inc. Use is subject to Zillow Terms of Use and are provided as-is, as-available.
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Description

PRICE REDUCTION! Looking for a value-add Multifamily opportunity minutes from DFW? Located moments from historic Downtown Cleburne, this Multifamily Residential property has massive upside! Currently occupied with fantastic bones, this is a creative Investor’s dream! Multiple opportunities to force appreciation including adding bedrooms, creating common areas & adding storage and most importantly over $7000+ gross proforma rents per month. Property is Zoned Multifamily Residential with separately metered utilities. Property has a 32 x 18 “storage” that could be converted to a 3 car Garage. Central HVAC on one unit. All Tenants have written leases, with one Tenant vacating at the end of the Month. Landlord pays Water, Sewer, Trash on 2 units. Check out Matterport 3D Model for a closer look! Property sold as is. Buyer & Buyers agent to verify all information & square footage of all units. DO NOT CONTACT TENANTS. Showings by appointment only.

MLS#
NTREIS-20057615
Sold Price Range
$482,001 - $552,000
Listing Status
Sold
Address
701 College St
City
State
TX
Zip Code
Subdivision
Original Cleburne
Property Type
Multi-Family - 5 Plus
Bedroom
9 Bedroom(s)
Bath
6 Full Bath(s)
Stories
2
Year Built
1945 / Appraisal District
Lot Size
0.40 Lot Acres./Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick
Lot Description
Few Trees
Garage Size
32 X 18
Parking
Carport, Common, On Site, On Street, Open, Outside, Storage, Unassigned
Utility
City Sewer, City Water
Accessory Unit
Other

Interior

Cooling
None
Heating
None
Appliances
Dishwasher, Disposal
Interior
Pantry

Lot information

Lot Size
17,511 Sqft.
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy

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Property tax

Cost/Sqft based on tax value

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Mortgage

Create and estimate your monthly mortgage payment and property taxes, based on past rates.

Estimated Monthly Payments

DOWN PAYMENT
Loan Term
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Full Page
Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Subdivision Facts

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Market update video

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Schools

School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

Assigned schools

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Noise factors

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Source

North Texas Real Estate Information Systems, Inc.
Source last updated Mar 28, 2024 at 11:47 PM
Listing last updated Oct 01, 2022 at 04:38 PM
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701 College St, Cleburne, TX 76033. View photos, map, tax, nearby homes for sale, home values, school info...

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