905 Euclid St · Cleburne, TX 76033

$150,349

3 bd · 1.0 ba · 1,128 sqft · SingleFamily public records · 289 Days on market

Built 1960 8,398 sqft lot $133/sqft · 31% below area Est $217k · 31% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +17.4/30.0
• ARV discount +15.0/15.0
• DSCR +5.4/10.0
• 1% rule +4.9/10.0
• Livability +3.4/5.0
• Schools +2.9/10.0
• Condition / age +2.5/5.0
• Rent growth +2.3/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

JUST LISTED! 905 Euclid is a lovely one-story home now available in Cleburne, Texas. This property is located less than two miles from the Cleburne Regional airport and has easy access to both Hwy 171 and US-67. There are also some supermarkets and nice recreational areas nearby. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

Key facts

• Easy access to us-67
• Supermarkets nearby
• One story home

Tags

• ONE STORY HOME
• EASY ACCESS TO HWY 171
• EASY ACCESS TO US-67
• SUPERMARKETS NEARBY
• RECREATIONAL AREAS NEARBY

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $113 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $149k (0.9% below list).
• Recommended offer: $132k (12.0% below list) — sets the bar for market timing.
• Cap rate 7.2% vs local median 3.6% in Cleburne — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 68/100 on livability (#460 in TX) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: employment C-, schools F, amenities F.
• Cleburne ISD (town): math 34% / reading 33% proficiency, ranked #537 of 826 in TX (top 65%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents soft (-0.8%/yr); 665 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 2,152 units permitted in Johnson County in 2024 (76 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Johnson County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 289 days — a 12% lower offer ($132k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $132,307 (12.0% below list)

Questions for the listing agent

1. It's been on market 289 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.99% ✗
• Cap rate: 7.19%
• Cash-on-cash: 3.22%
• DSCR: 1.14
• GRM: 8.4

CMA / ARV

• ARV (median comp): $216,575
• List price: $150,349
• Delta: -30.58%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
809 Euclid St	0.05mi	3/1.0	1,243 (+10%)	3mo	$222,500	$179	78
805 Phillips St	0.11mi	3/2.0	1,240 (+10%)	0mo	$239,000	$193	74
418 Marengo St	0.47mi	3/1.0	1,096 (-3%)	4mo	$167,500	$153	70
808 Marengo St	0.08mi	3/1.0	1,291 (+14%)	4mo	$225,000	$174	69
701 Poindexter Ave	0.46mi	2/1.0 (-1)	1,090 (-3%)	3mo	$170,000	$156	65
110 Glen Rose Ave	0.66mi	3/2.0	1,167 (+4%)	1mo	$210,000	$180	58
618 Woodard Ave	0.47mi	2/1.0 (-1)	1,048 (-7%)	4mo	$135,000	$129	58
308 Poindexter Ave	0.64mi	3/2.0	1,048 (-7%)	3mo	$197,000	$188	51
511 N Wood St	0.73mi	2/1.0 (-1)	1,189 (+5%)	1mo	$185,000	$156	51
1022 Princeton Pl	0.63mi	3/2.0	1,225 (+9%)	1mo	$210,000	$171	51
604 Mcanear St	0.70mi	2/1.0 (-1)	1,060 (-6%)	3mo	$214,900	$203	50
607 N Wood St	0.70mi	3/1.0	1,260 (+12%)	4mo	$175,000	$139	45

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold

• IRR: -14.7%
• Equity multiple: 0.49×
• Total profit: $-21,498
• Equity at exit: $22,418

10-year hold

• IRR: -12.2%
• Equity multiple: 0.38×
• Total profit: $-26,180
• Equity at exit: $12,999

Cash invested: $42,098 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Texas: 87 Strongly Landlord-Friendly · R+5
• County: — inherits STATE
• City: — inherits STATE

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76033

• Rents YoY: -0.8%
• Active inventory: 665
• Price-to-rent: 8.4×

Monthly cashflow live

• Estimated rent: $1,490 high
• Mortgage (P&I): −$788
• Tax from tax record: −$213 /mo · $2,560/yr
• Insurance: −$63
• HOA: −$0
• Vacancy / Maint / Mgmt: −$313
• Net cashflow: $113

Break-even live

Break-even rent $1,347

Max offer price $150,349

Occupancy floor 87%

Sensitivity live

Price	-10% $198	-5% $156	+0% $113	+5% $70	+10% $28
Rent	-10% $-5	-5% $54	+0% $113	+5% $172	+10% $231
Rate	-1.0pp $189	-0.5pp $151	base $113	+0.5pp $74	+1.0pp $34

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $37,587
• Closing costs: $4,510
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1108 Poindexter Ave Cleburne, TX	3.0	1.0	1300	$1,550	$1.19	45d	1	0.24mi
1405 Granbury St Cleburne, TX	3.0	1.0	1278	$1,545	$1.21	26d	1	0.26mi
1507 Granbury St Cleburne, TX	3.0	2.0	1140	$1,811	$1.59	26d	1	0.26mi
1315 Joslin St Cleburne, TX	3.0	2.0	1294	$1,595	$1.23	8d	1	0.29mi
1904 Starling Ct Cleburne, TX	2.0	1.0	1007	$1,150	$1.14	45d	1	0.30mi
1904 Starling Ct Unit 1 Cleburne, TX	2.0	1.0	1007	$1,150	$1.14	22d	1	0.30mi
1606 Granbury St Unit A Cleburne, TX	3.0	2.0	1289	$1,650	$1.28	14d	1	0.31mi
1311 Manor Dr Cleburne, TX	3.0	2.0	1492	$1,825	$1.22	26d	1	0.34mi
400 Phillips St Cleburne, TX	2.0–3.0	1.0–1.5	1000	$1,581	$1.58	0d	4	0.42mi
514 Euclid St Cleburne, TX	3.0	2.0	1152	$1,595	$1.38	45d	1	0.43mi
1424 Phillips St Cleburne, TX	3.0	1.5	1360	$1,795	$1.32	45d	1	0.45mi
1005 Granbury St Unit A Cleburne, TX	3.0	2.0	1362	$2,050	$1.51	26d	1	0.46mi
521 Woodard Ave Unit One Cleburne, TX	2.0	1.0	1350	$1,000	$0.74	45d	1	0.47mi
805 N Douglas Ave Cleburne, TX	3.0	2.0	1460	$1,999	$1.37	45d	1	0.54mi
1108 Williams Ave Unit H Cleburne, TX	2.0	1.0	900	$900	$1.00	26d	1	0.57mi
1110 Williams Ave Unit C Cleburne, TX	2.0	1.0	900	$900	$1.00	45d	1	0.58mi
1106 Williams Ave Unit D Cleburne, TX	2.0	1.0	900	$900	$1.00	26d	1	0.59mi
226 Seclusion Dr Cleburne, TX	3.0–4.0	2.0	1641	$2,205	$1.34	0d	1	0.66mi
1005 N Buffalo Ave Cleburne, TX	3.0	1.0	1146	$1,500	$1.31	4d	1	0.70mi
1005 N Buffalo Ave Cleburne, TX	3.0	1.0	1146	$1,500	$1.31	26d	1	0.70mi
1005 N Buffalo Ave Cleburne, TX	3.0	1.0	1146	$1,500	$1.31	45d	1	0.70mi
815 Woodard Ave Cleburne, TX	1.0–2.0	1.0–2.0	793	$1,332	$1.68	0d	8	0.79mi
1607 N Nolan River Rd Unit C Cleburne, TX	2.0	1.5	1000	$1,250	$1.25	45d	1	0.81mi
1607 N Nolan River Rd Unit A Cleburne, TX	2.0	1.5	1000	$1,250	$1.25	26d	1	0.81mi
1401 Courtney Pl Unit C Cleburne, TX	3.0	1.5	1150	$1,300	$1.13	16d	1	0.82mi
1608 Sun Valley Dr Unit C Cleburne, TX	2.0	1.5	1000	$1,200	$1.20	26d	1	0.82mi
1312 Ridge Run St Unit A Cleburne, TX	2.0	2.0	992	$1,250	$1.26	26d	1	0.84mi
1407 Courtney Pl Cleburne, TX	2.0	2.0	1040	$1,195	$1.15	45d	1	0.86mi
1409 Courtney Pl Unit A Cleburne, TX	2.0	1.5	1000	$1,150	$1.15	45d	1	0.88mi
1409 Courtney Pl Unit C Cleburne, TX	3.0	1.5	1400	$1,300	$0.93	26d	1	0.88mi
1409 Courtney Pl Cleburne, TX	3.0	2.0	1150	$1,400	$1.22	45d	1	0.88mi
907 Hodge St Cleburne, TX	2.0	1.0	912	$1,450	$1.59	4d	1	0.93mi
114 Scurlock Ave Cleburne, TX	4.0	2.0	1457	$1,770	$1.21	45d	1	0.95mi
122 Ramsey Ave Cleburne, TX	2.0	1.0	880	$1,050	$1.19	0d	1	0.97mi
122 Ramsey St #124 Cleburne, TX	2.0	1.0	880	$1,050	$1.19	23d	1	0.98mi
909 W Wardville St Cleburne, TX	2.0	1.0	847	$1,350	$1.59	45d	1	1.01mi
203 Willana Ct Cleburne, TX	3.0	2.0	1100	$1,700	$1.55	22d	1	1.01mi
1610 N Anglin St Cleburne, TX	3.0	1.0	900	$1,500	$1.67	20d	1	1.04mi
1118 N Nolan River Rd Unit A Cleburne, TX	2.0	1.5	1052	$1,395	$1.33	0d	1	1.05mi
1118 N Nolan River Rd Unit A Cleburne, TX	2.0	1.5	1052	$1,200	$1.14	45d	1	1.05mi

Listing history 17 events

1. 2026-06-21
   days on market $150,349 Active 289 DOM
2. 2026-06-18
   days on market $150,349 Active 286 DOM
3. 2026-06-17
   days on market $150,349 Active 285 DOM
4. 2026-06-16
   days on market $150,349 Active 284 DOM
5. 2026-06-15
   days on market $150,349 Active 283 DOM
6. 2026-06-13
   days on market $150,349 Active 281 DOM
7. 2026-06-09
   days on market $150,349 Active 277 DOM
8. 2026-06-08
   days on market $150,349 Active 276 DOM
9. 2026-06-07
   days on market $150,349 Active 275 DOM
10. 2026-06-04
    days on market $150,349 Active 272 DOM
11. 2026-06-03
    days on market $150,349 Active 271 DOM
12. 2026-06-02
    days on market $150,349 Active 270 DOM
13. 2026-06-01
    days on market $150,349 Active 269 DOM
14. 2026-05-31
    days on market $150,349 Active 268 DOM
15. 2025-09-05
    listed $150,349 Active 506-char remark

    Show marketing remark (506 chars)

    JUST LISTED! 905 Euclid is a lovely one-story home now available in Cleburne, Texas. This property is located less than two miles from the Cleburne Regional airport and has easy access to both Hwy 171 and US-67. There are also some supermarkets and nice recreational areas nearby. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

16. 2006-04-20
    soldstatus
17. 2002-05-15
    soldstatus

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

• Current annual tax: $2,560 · $213/mo
• Projected year-2 tax: $2,751 · $229/mo
• Expected delta: +$192/yr (+$16/mo · 7.5%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 7/10 Severe 7 d/yr ≥110°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,884
• − Mortgage interest: −$8,422
• − Property taxes: −$2,560
• − Insurance: −$752
• − Repairs & maintenance: −$1,431
• − Management: −$1,431
• − Depreciation: −$4,374
• Taxable loss: −$1,085
• Est. tax savings @ 24.0%: +$260
• After-tax cash flow: $1,616/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Cleburne ISD
• NCES district ID: 4814310
• Math proficiency: 34% ▼ -2.00%
• Reading proficiency: 33% ▼ -2.00%
• Median HH income: $48,788
• Composite: 29.0/100
• National rank: #6618
• State rank: #537 of 826 in TX

Livability — Cleburne

• Score: 68/100
• State rank: #460
• US rank: #9292

Category grades

Amenities F Commute F Cost of living A+ Crime B- Employment C- Housing A+ Health & safety A+ User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Cleburne, TX
• County: Johnson County · 147,987 people
• City population: 29,538
• Metro: Dallas-Fort Worth-Arlington, TX
• Population (ZIP): 29,538
• Household income: $76,292
• Rent vs Own: 37.4% rent · 62.6% own
• Severe rent burden: 927.0

Population outlook (Johnson County) Hauer SSP2

• Today (2025): 179,678 people
• By 2030: 189,208 · +5.3%
• By 2040: 207,261 · +15.4%
• By 2050: 223,064 · +24.1%
• By 2075: 259,979 · +44.7%
• By 2100: 275,395 · +53.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Majority White (64%)
• Race & ethnicity: White 64% Hispanic / Latino 26% Two or more races 15% Black 4% Native American 1%
• Hispanic origin (detail): Mexican 23%
• Common ancestry: Slovak 2% Italian 2% Portuguese 1%
• Foreign-born: 8% · Canada, Guatemala, Vietnam
• Languages at home: 81% English-only · Spanish 17% Other Asian/Pacific 2%

Political lean MEDSL · Johnson

• 2024 margin: Solid R (+51.4) · D 23.9% · R 75.3%
• 2008→2024 swing: -3.9pp toward R · 2008: -47.5pp · 2024: -51.4pp
• All cycles: 2024: R+51.4 2020: R+53.0 2016: R+58.3 2012: R+55.6 2008: R+47.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -202.75%
• Current HPI: 246.0029
• Rent YoY: ▼ -0.83%
• Metro: Dallas-Fort Worth-Arlington, TX
• State GDP YoY: ▲ 3.95%
• F500 in state: 110

Industry mix (Fortune 500 HQ in TX)

Industry	F500 HQs	Revenue
▸Energy	16	$1,198B
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

3 events — show timeline

• 2025-09-05 Listed $150,349 HARMLS
• 2006-04-20 Sold (Public Records) — Public Records
• 2002-05-15 Sold (Public Records) — Public Records

Property tax history

+4.9%/yr

Latest (2025): $2,560 · -35.3% YoY. Source: county tax records.