NOT LISTED FOR SALE

1801 Woodard Ave Cleburne, TX 76033

Estimated Value: $328,200 - $355,000

6 Beds
4 Baths
2,632 Sq Ft
$131/Sq Ft Est. Value

Last Sold July 17, 2024

Current estimated payment $2,500/month

257 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Private Yard
  • Vaulted Ceiling
  • Corner Lot
  • 1-Story Property

About This Home

As of July 2024

Nestled in the heart of Cleburne, Texas, this delightful duplex at 1801 Woodard offers an excellent opportunity for investors. With its convenient location, well-maintained interiors, and versatile layout, this property is sure to capture your attention. Situated in a tranquil neighborhood in Cleburne, this duplex enjoys easy access to essential amenities, schools, parks, and major transportation routes. This duplex is designed to accommodate various living arrangements. Whether you're interested in generating rental income from both units or using one for yourself while renting out the other, the layout offers flexibility to meet your specific needs. Both units are rented out for $1470 and $1575 per Month. Landlord pays for water and sewer for both units, which is about $170 per Month. Whether you're an investor looking for a profitable addition to your portfolio or a homeowner seeking a flexible living arrangement, this property has something special to offer.

Last Agent to Sell the Property

Azim Mamdani

JPAR Dallas Brokerage Phone: 972-836-9295 License #0701351 Listed on: 09/28/2023

JPAR Dallas

Last Buyer's Agent

Scott Durham

Texas Ally Real Estate Group License #0669445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,918

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Corner Lot
  • Private Yard

Parking

  • No Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Wood Flooring

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Marti Elementary School
  • Cleburne High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 6 / 12
  • Assessor Parcel Number 126291102410

Community Details

Overview

  • 2 Units
  • 2,632 Sq Ft Building
  • Lakeview Estates Subdivision

Building Details

  • Gross Income $36,540
  • Net Operating Income $30,083

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,918

Year Built

Built in 1980

Lot Details

0

Listing Details

  • OWNERNAME: Owner
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 972-836-9295
  • CapRate: 8.47
  • Co List Office Mls Id: JPAR05
  • Special Features: VirtualTour
  • Year Built: 1980

Interior Features

  • Fireplace Features: Gas Log
  • Interior Amenities: High Speed Internet, Open Floorplan, Cable TV, Vaulted Ceiling(s)
  • Flooring: Wood
  • Appliances: Dryer, Dishwasher, Electric Cooktop, Washer
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Community Features: Sidewalks
  • Fencing: Wood
  • Roof: Metal
  • Construction Materials: Brick, Fiber Cement
  • Exterior Features: Private Yard
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Concrete, No Garage
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Fireplace(s)
  • Utilities: Electricity Available, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Marti
  • High School: Cleburne
  • Junior High Dist: Cleburne ISD

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Units: Acres
  • Lot Size Area: 0.28
  • Parcel Number: 126291102410
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.8

Building Info

  • Year Built: 1980
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 2000.0
  • Annual Gross Income: 36540.0
  • Property Net Operating Income: 30083.0

Tax Info

  • TaxBlock: 12
  • Tax Lot: 6
  • Tax Annual Amount: 6918.0

MLS Schools

  • MiddleOrJuniorSchool: Ad Wheat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Jul 17, 2024
Sold by
Durham William S
Bought by
Smmad Properties Llc
Seller's Agent
Azim Mamdani
JPAR Dallas
Buyer's Agent
Scott Durham
Texas Ally Real Estate Group
List Price
$355,000
Views
284
Current Estimated Value
$345,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%
Original Mortgage
$249,000
Outstanding Balance
$246,246
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$99,054

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 17, 2022
Sold by
Lehtinen Clark M
Bought by
Sunkara Jagadeesh Babu
Seller's Agent
Kevin Orr
6th Ave Homes
Buyer's Agent
Azim Mamdani
JPAR Dallas
List Price
$315,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$234,375
Interest Rate
5.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smmad Properties Llc -- Lawyers Title
Durham William S -- Lawyers Title
Sunkara Jagadeesh Babu -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durham William S $249,000
Previous Owner Sunkara Jagadeesh Babu $234,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold -- -- --
06/13/2024 06/13/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $354,995 0.0% $135 / Sq Ft
05/09/2024 05/09/24 For Sale $355,000 0.0% $135 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $355,000 -1.4% $135 / Sq Ft
03/21/2024 03/21/24 Price Changed $359,995 -2.7% $137 / Sq Ft
01/29/2024 01/29/24 Price Changed $369,995 -1.3% $141 / Sq Ft
11/20/2023 11/20/23 Price Changed $374,995 0.0% $142 / Sq Ft
09/29/2023 09/29/23 For Sale $375,000 +19.0% $142 / Sq Ft
06/17/2022 06/17/22 Sold -- -- --
05/11/2022 05/11/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $315,000 -- $120 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,925 $256,893 $40,750 $216,143
2024 $7,925 $355,454 $40,750 $314,704
2023 $6,919 $310,929 $40,750 $270,179
2022 $4,457 $178,100 $40,750 $137,350
2021 $4,647 $178,100 $40,750 $137,350
2020 $4,346 $156,850 $19,500 $137,350
2019 $4,635 $156,850 $19,500 $137,350
2018 $3,824 $129,380 $19,500 $109,880
2017 $3,809 $129,380 $19,500 $109,880
2016 $3,809 $129,380 $19,500 $109,880
2015 $2,717 $129,380 $19,500 $109,880
2014 $2,717 $101,910 $19,500 $82,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20442468

North Texas Real Estate Information Systems (NTREIS)

APN: 126-2911-02410