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30
Photos
301 Madison Street, Cleburne, TX 76033
$229,900 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,150
sqft
Built in
1979
*Fully Renovated Gem with Long-Term Lease* Welcome to 301 Madison Street, a beautifully updated home that perfectly blends modern convenience with timeless charm. This meticulously renovated property offers an incredible investment opportunity with a current lease in place until June 2026, generating $1,750 per month in rental income—already paid through the lease term! Outside, the home boasts fantastic curb appeal with a freshly painted exterior and a spacious yard, perfect for outdoor living. Situated in the heart of Cleburne, this property is close to local schools, parks, and amenities, making it attractive to tenants and future homeowners alike. Whether you're an investor seeking reliable cash flow or someone planning for long-term equity growth, this home delivers exceptional value. Don’t miss the chance to own a turn-key investment property with excellent tenants already in place. Schedule a showing today and experience the benefits of this fully updated and income-generating property! Recent improvements include: - Foundation repairs ensuring long-term stability - Brand new 35-year shingles on the roof - Upgraded 200-amp electrical service panel - All-new water lines and main waste drain lines - Modernized exterior and interior with fresh paint - Stylish new flooring and plush carpeting throughout - Fully remodeled hall and master bathrooms featuring contemporary finishes - New master bedroom walk-in closet for added storage - A completely updated kitchen with brand-new appliances - New HVAC system and water heater for year-round comfort
Features & Amenities
Interior
- General:
- Other,Pantry
- Appliances:
- Built-In Refrigerator,Dishwasher,Electric Cooktop,Electric Oven,Electric Range,Microwave,Refrigerator
- Fireplace:
- Fireplaces: 0
Exterior
- Style:
- Craftsman,Detached
- Pool:
- None
- Parking:
- Driveway,Outside
Construction
- General:
- Other, 1
Location
- Originating MLS:
- NTR
- School District:
- Cleburne ISD
- County:
- Johnson
Lot
- Zoning:
- LOT 1 BLK 596 ORIGINAL CLEBURNE, 126280032470
Utilities
- Utilities:
- Sewer Available,Water Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- NTR
- Exclusions:
- Washer/dryer
This listing courtesy of:
Karrington Realty, Fallyn Gray
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Cleburne, TX
Housing
- Number of Units
- 21,140
- Median Home Value
- $156,619
- Median Rent
- $801
33.91% of housing units are renter occupied.
7.11% are vacant.
Commute
- Car
-
88.90%
- Public Transportation
-
0.32%
- Walk to Work
-
0.81%
- Work from Home
-
9.06%
- Other
-
0.52%
The median travel time to work is 28 minutes.
People
- Population
- 52,910
- Median Age
- 37.20
- Median Household Size
- 2.79
Education
- High School
-
39.29%
- Associate’s Degree
-
5.99%
- Bachelor’s Degree
-
12.87%
- Graduate Degree
-
6.23%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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