Bruce Rayburn

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Listing provided courtesy of eXp Realty, LLC- MLS# 21309199MLS ProviderContact Information: Cassie Spears - 817-447-5565

1411 Courtney PlaceCleburne, TX 76033

Multi-Family · 4 Beds · 4 Full Baths · 2,590 Sq. ft. | 0.31 Acres
$445,000 Active

1411 Courtney Place Overview

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Fully occupied quadruplex offering immediate cash flow in a convenient Cleburne location. This income-producing multifamily property features four 1-bedroom, 1-bath units, making it an excellent opportunity for investors seeking to expand an existing portfolio or enter the multifamily market. Each unit offers a functional floor plan with a spacious living area, laundry hookups, and a private fenced backyard—a desirable feature that helps attract and retain tenants. With stable occupancy already in place and strong rental income potential, this property presents a turnkey investment opportunity in a growing market. Don't miss the chance to add a performing asset to your portfolio.

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1411 Courtney Place Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,590
  • Price/Sq.ft. $172
  • Lot 0.31 Acres

Details

General

Association/HOA

  • Association: No

School Information

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

Income/Expenses

  • Gross Income: 43200.0
  • Insurance Expense: 2530.0
  • Net Operating Income: 34810.0
  • Operating Expense Includes: Insurance,Maintenance

Building Information

  • Year Built: 1984
  • 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: 4615.0

General Information

  • Exclusions: Minerals
  • Listing Terms: Cash,Conventional
  • Parcel Number: 126282900140
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 4

Building Interior

  • Building Area Source: Assessor
  • Building Area Total: 2590.0

General Information

  • Appliances: Dishwasher,Electric Range
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Carpet,Laminate
  • Foundation Details: Slab
  • Interior Features: High Speed Internet,Open Floorplan,Cable TV
  • Levels: One
  • Security Features: Smoke Detector(s)
  • Stories: 1
  • Window Features: Window Coverings

Exterior

Parking Information

  • Parking Features: Assigned,Concrete,Off Street,Outside,Parking Lot
  • Parking Total: 8.0

Lot Information

  • Lot Features: Interior Lot
  • Lot Size Acres: 0.307
  • Lot Size Area: 0.307
  • Lot Size Square Feet: 13372.92
  • Lot Size Units: Acres
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Rock,Stone
  • Roof: Other

General Information

  • Carport: No
  • 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.

1411 Courtney Place Monthly Cost

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* 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.

1411 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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