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419 E Henderson St

5 Unit Block of Flats £543,803 (£108,761/Unit) Cleburne, TX 76031

Executive Summary

Rents are extremely low for this area and have a lot of room to raise.
3 downstairs units are 1/1 and the down stairs units were once used as retail store fronts
Upstairs has. 1/1 and a 6/2 unit
Units have fabulous original woodwork and all kitchen and baths updated.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income £42,252 £6.71
Other Income - -
Vacancy Loss - -
Effective Gross Income £42,252 £6.71
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual £42,252
Annual Per SF £6.71
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual £42,252
Annual Per SF £6.71
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £543,803
Price Per Unit £108,761
Sale Type Investment
No. Units 5
Property Type Residential
Property Subtype Apartment
Lot Size 0.26 AC
Building Size 6,300 SF
Average Occupancy 100%
Number of Floors 2
Year Built/Renovated 1920/2010
Parking Ratio 1.59/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
5+5 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
126-2800-21120
Land Assessment
£18,388
Improvements Assessment
£131,028
Total Assessment
£149,415

zoning

Zoning Code B1 (Real, Residential, Multi)
B1 (Real, Residential, Multi)
  • Listing ID: 33365716

  • Date on Market: 01/10/2024

  • Last Updated:

  • Address: 419 E Henderson St, Cleburne, TX 76031

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