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Listing provided courtesy of eXp Realty, LLC- MLS# 21189077MLS ProviderContact Information: Cassie Spears - 817-447-5565

1403 Courtney PlaceCleburne, TX 76033

Multi-Family · 8 Beds · 4 Full Baths · 4 Half Baths · 4,160 Sq. ft. | 0.29 Acres
$599,750 Active

1403 Courtney Place Overview

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Income-producing property in a convenient Cleburne location! This four-unit multifamily property is fully occupied, providing potential for rental income for investors looking to expand or start their portfolio. Each unit offers a 2-bedroom, 1.5-bath layout designed for comfortable everyday living. Tenants enjoy a spacious living area upon entry and the added bonus of a fenced back courtyard. Whether you're a seasoned investor or looking for a solid entry into multifamily ownership, this property checks the boxes with strong rental potential, desirable unit features, and stable occupancy already in place.

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1403 Courtney Place Facts & Features

  • Type Multi-Family
  • Sq. ft. 4,160
  • Price/Sq.ft. $144
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association Name: See agent
  • Association: Yes

School Information

  • School District: Cleburne ISD
  • Elementary School: Marti
  • Middle Or Junior School: Ad Wheat,Lowell Smith
  • High School: Cleburne

Income/Expenses

  • Gross Income: 52560.0
  • Insurance Expense: 6480.0
  • Net Operating Income: 39374.0

Building Information

  • Year Built: 1983
  • Year Built Details: Preowned

Location/Region

  • Country: US
  • County Or Parish: Johnson
  • Postal City: CLEBURNE
  • Subdivision Name: Courtney Knolls Add

Tax Information

  • Tax Annual Amount: 6706.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 126282900180
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Senior Community: No

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 4
  • Bathrooms Total: 8
  • Bedrooms Total: 8

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 4160.0

General Information

  • Appliances: Dishwasher,Electric Range
  • Fireplace Features: Decorative,Living Room
  • Fireplace: Yes
  • Fireplaces Total: 4
  • Flooring: Luxury Vinyl Plank
  • Foundation Details: Slab
  • Interior Features: Eat-in Kitchen,High Speed Internet,Cable TV
  • Levels: Two
  • Security Features: Smoke Detector(s)
  • Stories: 2
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Common,Concrete,Outside,Parking Lot
  • Parking Total: 8.0

Lot Information

  • Lot Features: Cul-De-Sac,Interior Lot,Landscaped
  • Lot Size Acres: 0.29
  • Lot Size Area: 0.29
  • Lot Size Square Feet: 12632.4
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Materials: Rock,Stone,Wood Siding
  • Patio And Porch Features: Front Porch
  • Roof: Composition

General Information

  • Carport: No
  • Exterior Features: Garden
  • Fencing: Back Yard,Wood
  • Number Of Units Total: 4
  • Pool Features: None
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available,Cable Available

Unit Information

Unit 1 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 2 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 3 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Unit 4 Details

  • Unit Type: 1 Bedroom
  • Units Total: 1

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1403 Courtney Place Market Data

Based on the last 30 days in this zip code

$394,508
Average List Price
$193
Average Price per Square Foot
39
Properties Sold
269
Average Days on Market
366
Properties for Sale
Calculations provided by Reliance Network


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