New Off-Market Deal in Cleburne — $192K | ARV $315K | Close 12/15

$200,000 • 3 Beds / 1 Baths • 1,772 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1955
  • 1772
  • 16100
  • Attached Garage

Description

📍 Property Details

Address: 614 Bellevue Drive, Cleburne, TX 76033

Price: $192,000

Beds/Baths: 3/2

Sqft: 1,844

Lot Size: 0.37 acres

Stories: 1

Pool: No

Close By: 12/15

Earnest Money (Non-Refundable): $2,500

Title: Pattern Title – K. Blay

🛠 Condition & Rehab

  • Window units
  • Roof under 10 years
  • Water heater (2010)
  • Lifetime transferable warranty on siding

Rehab Estimate: ~$45,000

Scope: Full cosmetic updates as needed

Foundation: No issues noticed

Roof: Under 10 years

📈 ARV & Comps

After Repair Value (ARV): $315,000

Target PPSF at ARV: ~$171/sqft

Comparables:

Cloud CMA: https://cloudcma.com/live/792495ff78018ccf9af8af6497591fab

Area Notes:

  • Established neighborhood with strong resale activity
  • Larger lots and low turnover help support ARV strength

📸 Pictures & Walkthrough

Video Walkthrough:

https://dashboard.resimpli.com/public/files?type=folder&itemId=2277e6b75b7e9604f01b9fc2a89669cd

Photos:

https://dashboard.resimpli.com/public/files?type=folder&itemId=7baa7d732952d2c01b747873f1f87dd3

Estimated Spread

  • ARV $325,000
  • Price $192,000
  • Spread $133,000

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