107 Scurlock Ave · Cleburne, TX 76031

$165,000

3 bd · 2.0 ba · 1,595 sqft · SingleFamily public records · 89 Days on market

Built 1930 0.25 ac lot $103/sqft · 20% below area Est $207k · 20% 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 +18.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.7/10.0
• DSCR +5.7/10.0
• Livability +3.4/5.0
• Schools +2.9/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Charming home nestled in the heart of Cleburne, where timeless character meets modern comfort. This home features stylish finishes throughout—providing peace of mind along with classic appeal. This home is ready for a new owner to add their personal touch and restore its full sparkle. Step inside to an inviting open-concept layout connecting the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen shines with nice countertops, stainless steel appliances, and durable hickory wood-look flooring that flows seamlessly through the main spaces. A smart split-bedroom design ensures privacy, offering a spacious primary suite tucked away from two secondary bedrooms that share a well-appointed hall bath. Outside, enjoy the expanded back patio—perfect for relaxing evenings or hosting gatherings. Situated on an oversized lot with covered parking and additional storage, this property offers room to grow, entertain, and truly make it your own

Key facts

• Covered parking
• Solar panels
• Oversized lot

Tags

• OPEN-CONCEPT LAYOUT
• STAINLESS STEEL APPLIANCES
• EXPANDED BACK PATIO
• SOLAR PANELS
• OVERSIZED LOT
• COVERED PARKING

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $165k.

Deal economics

• At list price, monthly cash flow is $143 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $165k).
• Recommended offer: $155k (6.0% below list) — sets the bar for market timing.
• Cap rate 7.3% 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: 338 active listings in the ZIP; 36 comparable units currently listed for rent nearby; rentals at typical pace (median 26d on market — plan ~3-4 weeks tenant-placement turnaround); 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 89 days — a 6% lower offer ($155k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 16y ago; this cycle's ask has dropped $34k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1930 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $155,100 (6.0% below list)

Questions for the listing agent

1. It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1930 — 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: 1.07% ✓
• Cap rate: 7.33%
• Cash-on-cash: 3.72%
• DSCR: 1.17
• GRM: 7.8

CMA / ARV

• ARV (median comp): $206,594
• List price: $165,000
• Delta: -20.13%
• 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
822 N Robinson St	0.26mi	3/1.0	1,575 (-1%)	2mo	$100,000	$63	80
1304 N Wood St	0.44mi	3/2.0	1,521 (-5%)	3mo	$65,000	$43	70
1203 N Anglin St	0.20mi	3/1.0	1,407 (-12%)	1mo	$150,000	$107	66
910 Baird St	0.62mi	3/2.0	1,557 (-2%)	2mo	$260,000	$167	66
1510 N Wilhite St	0.38mi	3/2.0	1,421 (-11%)	3mo	$249,000	$175	61
741 N Robinson St	0.38mi	3/2.0	1,356 (-15%)	4mo	$200,000	$147	54
405 Odell St	0.58mi	3/2.0	1,765 (+11%)	2mo	$179,900	$102	53
800 Madison St	0.69mi	3/2.0	1,465 (-8%)	6mo	$245,000	$167	49
707 Cedar St	0.70mi	3/2.0	1,424 (-11%)	1mo	$269,000	$189	49
1802 N Wilhite St	0.57mi	3/2.0	1,364 (-14%)	2mo	$195,000	$143	47
1300 N Brazos Ave	0.70mi	3/2.5	1,398 (-12%)	3mo	$203,900	$146	42
603 Lilly St	0.74mi	3/1.0	1,371 (-14%)	0mo	$155,000	$113	38

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -10.4%
• Equity multiple: 0.62×
• Total profit: $-17,515
• Equity at exit: $24,602

10-year hold

• IRR: -1.0%
• Equity multiple: 0.93×
• Total profit: $-3,106
• Equity at exit: $14,266

Cash invested: $46,200 (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 76031

• Home prices YoY: -17.6%
• Active inventory: 338
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,771 high
• Mortgage (P&I): −$865
• Tax from tax record: −$321 /mo · $3,858/yr
• Insurance: −$69
• HOA: −$0
• Vacancy / Maint / Mgmt: −$372
• Net cashflow: $143

Break-even live

Break-even rent $1,589

Max offer price $165,000

Occupancy floor 87%

Sensitivity live

Price	-10% $237	-5% $190	+0% $143	+5% $97	+10% $50
Rent	-10% $3	-5% $73	+0% $143	+5% $213	+10% $283
Rate	-1.0pp $226	-0.5pp $185	base $143	+0.5pp $101	+1.0pp $57

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: $41,250
• Closing costs: $4,950
• Reserves months: —
• Total cash needed: —

Rent comps 36 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
114 Scurlock Ave Cleburne, TX	4.0	2.0	1457	$1,770	$1.21	45d	1	0.05mi
1005 N Buffalo Ave Cleburne, TX	3.0	1.0	1146	$1,500	$1.31	26d	1	0.34mi
1005 N Buffalo Ave Cleburne, TX	3.0	1.0	1146	$1,500	$1.31	4d	1	0.34mi
1005 N Buffalo Ave Cleburne, TX	3.0	1.0	1146	$1,500	$1.31	45d	1	0.34mi
226 Seclusion Dr Cleburne, TX	3.0–4.0	2.0	1641	$2,205	$1.34	0d	1	0.42mi
514 Euclid St Cleburne, TX	3.0	2.0	1152	$1,595	$1.38	45d	1	0.52mi
103 May Ave Cleburne, TX	3.0	2.0	1262	$1,795	$1.42	7d	1	0.53mi
104 May Ave Cleburne, TX	3.0	2.0	1164	$1,550	$1.33	45d	1	0.55mi
612 N Robinson St Cleburne, TX	3.0	2.5	1311	$2,200	$1.68	45d	1	0.64mi
1405 Granbury St Cleburne, TX	3.0	1.0	1278	$1,545	$1.21	26d	1	0.67mi
1005 Granbury St Unit A Cleburne, TX	3.0	2.0	1362	$2,050	$1.51	26d	1	0.67mi
404 Rose Ave Cleburne, TX	4.0	2.0	1763	$2,225	$1.26	0d	1	0.67mi
1705 N Robinson St Cleburne, TX	3.0	2.0	1076	$1,450	$1.35	26d	1	0.68mi
1705 N Robinson St Cleburne, TX	3.0	1.5	1076	$1,450	$1.35	0d	1	0.68mi
1606 Granbury St Unit A Cleburne, TX	3.0	2.0	1289	$1,650	$1.28	14d	1	0.69mi
1507 Granbury St Cleburne, TX	3.0	2.0	1140	$1,811	$1.59	26d	1	0.69mi
414 Rose Ave Cleburne, TX	4.0	2.0	1763	$2,214	$1.26	3d	1	0.70mi
110 E Wilson St Unit B Cleburne, TX	3.0	2.5	1400	$1,900	$1.36	26d	1	0.72mi
438 Sabine Ave Cleburne, TX	3.0	2.0	1230	$1,650	$1.34	14d	1	0.78mi
405 Madison St Unit Na Cleburne, TX	3.0	2.0	1645	$1,975	$1.20	45d	1	0.80mi
303 Eastland St Cleburne, TX	3.0	3.0	1254	$1,950	$1.56	45d	1	0.84mi
413 Shaw St Cleburne, TX	4.0	2.0	1713	$2,100	$1.23	45d	1	0.93mi
1108 Poindexter Ave Cleburne, TX	3.0	1.0	1300	$1,550	$1.19	45d	1	0.94mi
805 N Douglas Ave Cleburne, TX	3.0	2.0	1460	$1,999	$1.37	45d	1	0.96mi
1315 Joslin St Cleburne, TX	3.0	2.0	1294	$1,595	$1.23	8d	1	1.00mi
521 Woodard Ave Unit One Cleburne, TX	2.0	1.0	1350	$1,000	$0.74	45d	1	1.08mi
318 College St Unit B Cleburne, TX	2.0	1.0	1256	$1,150	$0.92	26d	1	1.19mi
115 Cleburne Station Pkwy Cleburne, TX	1.0–3.0	1.0–2.0	977	$2,708	$2.77	0d	1	1.22mi
405 College St Cleburne, TX	3.0	2.0	1396	$1,650	$1.18	7d	1	1.23mi
1311 Manor Dr Cleburne, TX	3.0	2.0	1492	$1,825	$1.22	26d	1	1.24mi
1434 Trail Creek Dr Cleburne, TX	3.0–4.0	2.0	2129	$2,350	$1.10	23d	1	1.33mi
2205 Pipeline Rd Cleburne, TX	2.0	1.0–2.0	949	$1,308	$1.38	0d	53	1.33mi
1424 Phillips St Cleburne, TX	3.0	1.5	1360	$1,795	$1.32	45d	1	1.37mi
704 S Anglin St Cleburne, TX	4.0	3.0	2000	$2,110	$1.05	26d	1	1.42mi
203 Willana Ct Cleburne, TX	3.0	2.0	1100	$1,700	$1.55	22d	1	1.43mi
805 Bluffview Dr Cleburne, TX	4.0	2.5	2203	$2,245	$1.02	45d	1	1.49mi

Listing history 32 events

1. 2026-06-09
   price $165,000 Pending 89 DOM
2. 2026-05-19
   historical Active Option Contract 1005-char remark

   Show marketing remark (1005 chars)

   Charming home nestled in the heart of Cleburne, where timeless character meets modern comfort. This home features stylish finishes throughout—providing peace of mind along with classic appeal. This home is ready for a new owner to add their personal touch and restore its full sparkle. Step inside to an inviting open-concept layout connecting the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen shines with nice countertops, stainless steel appliances, and durable hickory wood-look flooring that flows seamlessly through the main spaces. A smart split-bedroom design ensures privacy, offering a spacious primary suite tucked away from two secondary bedrooms that share a well-appointed hall bath. Outside, enjoy the expanded back patio—perfect for relaxing evenings or hosting gatherings. Situated on an oversized lot with covered parking and additional storage, this property offers room to grow, entertain, and truly make it your own

3. 2026-05-04
   price $175,000 1005-char remark

   Show marketing remark (1005 chars)

   Charming home nestled in the heart of Cleburne, where timeless character meets modern comfort. This home features stylish finishes throughout—providing peace of mind along with classic appeal. This home is ready for a new owner to add their personal touch and restore its full sparkle. Step inside to an inviting open-concept layout connecting the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen shines with nice countertops, stainless steel appliances, and durable hickory wood-look flooring that flows seamlessly through the main spaces. A smart split-bedroom design ensures privacy, offering a spacious primary suite tucked away from two secondary bedrooms that share a well-appointed hall bath. Outside, enjoy the expanded back patio—perfect for relaxing evenings or hosting gatherings. Situated on an oversized lot with covered parking and additional storage, this property offers room to grow, entertain, and truly make it your own

4. 2026-03-23
   price $185,000 1005-char remark

   Show marketing remark (1005 chars)

   Charming home nestled in the heart of Cleburne, where timeless character meets modern comfort. This home features stylish finishes throughout—providing peace of mind along with classic appeal. This home is ready for a new owner to add their personal touch and restore its full sparkle. Step inside to an inviting open-concept layout connecting the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen shines with nice countertops, stainless steel appliances, and durable hickory wood-look flooring that flows seamlessly through the main spaces. A smart split-bedroom design ensures privacy, offering a spacious primary suite tucked away from two secondary bedrooms that share a well-appointed hall bath. Outside, enjoy the expanded back patio—perfect for relaxing evenings or hosting gatherings. Situated on an oversized lot with covered parking and additional storage, this property offers room to grow, entertain, and truly make it your own

5. 2026-02-19
   listed $199,000 Active 1005-char remark

   Show marketing remark (1005 chars)

   Charming home nestled in the heart of Cleburne, where timeless character meets modern comfort. This home features stylish finishes throughout—providing peace of mind along with classic appeal. This home is ready for a new owner to add their personal touch and restore its full sparkle. Step inside to an inviting open-concept layout connecting the living, dining, and kitchen areas—ideal for both everyday living and entertaining. The kitchen shines with nice countertops, stainless steel appliances, and durable hickory wood-look flooring that flows seamlessly through the main spaces. A smart split-bedroom design ensures privacy, offering a spacious primary suite tucked away from two secondary bedrooms that share a well-appointed hall bath. Outside, enjoy the expanded back patio—perfect for relaxing evenings or hosting gatherings. Situated on an oversized lot with covered parking and additional storage, this property offers room to grow, entertain, and truly make it your own

6. 2025-08-22
   listed $195,000 Active
7. 2020-02-24
   soldstatus Sold
8. 2020-01-28
   status Pending
9. 2020-01-23
   historical Active Option Contract
10. 2020-01-15
    price $175,000
11. 2019-12-17
    price $179,500
12. 2019-11-30
    price $184,000
13. 2019-11-03
    listed $189,000 Active
14. 2019-06-28
    soldstatus
15. 2019-06-27
    soldstatus Sold
16. 2019-06-21
    status Pending
17. 2019-06-17
    historical Active Option Contract
18. 2019-06-10
    price $95,000
19. 2019-05-24
    status Active
20. 2019-05-20
    price $115,000
21. 2019-04-15
    historical
22. 2019-03-22
    listed $128,000 Active
23. 2011-09-08
    soldstatus
24. 2011-08-29
    soldstatus Closed
25. 2011-08-24
    status Pending
26. 2011-08-17
    historical Active Option Contract
27. 2011-08-07
    listed $22,500 Active
28. 2011-08-04
    historical
29. 2010-11-08
    status Pending
30. 2010-10-27
    historical Active Option Contract
31. 2010-09-21
    listed $22,500 Active
32. 1990-10-01
    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: $3,858 · $321/mo
• Projected year-2 tax: $3,858 · $321/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ 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 ≥109°F today · 24 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: $21,247
• − Mortgage interest: −$9,243
• − Property taxes: −$3,858
• − Insurance: −$825
• − Repairs & maintenance: −$1,700
• − Management: −$1,700
• − Depreciation: −$4,800
• Taxable loss: −$878
• Est. tax savings @ 24.0%: +$211
• After-tax cash flow: $1,930/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
• City population: 29,538
• Population (ZIP): 18,697

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: Predominantly White (66%)
• Race & ethnicity: White 66% Hispanic / Latino 28% Two or more races 12% Black 3%
• Hispanic origin (detail): Mexican 23% Puerto Rican 3%
• Common ancestry: Italian 1% Lithuanian 1% Slovak 1%
• Foreign-born: 5% · Canada, Vietnam
• Languages at home: 77% English-only · Spanish 22% Vietnamese 0%

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: ▼ -59.43%
• Current HPI: 277.598
• Rent YoY: —
• Metro: —
• 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

+677.8% since first listed

31 events — show timeline

• 2026-05-19 Contingent — NTREIS
• 2026-05-04 Price Changed $175,000 NTREIS
• 2026-03-23 Price Changed $185,000 NTREIS
• 2026-02-19 Listed $199,000 NTREIS
• 2025-08-22 Listed $195,000 NTREIS
• 2020-02-24 Sold (MLS) — NTREIS
• 2020-01-28 Pending — NTREIS
• 2020-01-23 Contingent — NTREIS
• 2020-01-15 Price Changed $175,000 NTREIS
• 2019-12-17 Price Changed $179,500 NTREIS
• 2019-11-30 Price Changed $184,000 NTREIS
• 2019-11-03 Listed $189,000 NTREIS
• 2019-06-28 Sold (Public Records) — Public Records
• 2019-06-27 Sold (MLS) — NTREIS
• 2019-06-21 Pending — NTREIS
• 2019-06-17 Contingent — NTREIS
• 2019-06-10 Price Changed $95,000 NTREIS
• 2019-05-24 Relisted — NTREIS
• 2019-05-20 Price Changed $115,000 NTREIS
• 2019-04-15 Listing Removed — NTREIS
• 2019-03-22 Listed $128,000 NTREIS
• 2011-09-08 Sold (Public Records) — Public Records
• 2011-08-29 Sold (MLS) — NTREIS
• 2011-08-24 Pending — NTREIS
• 2011-08-17 Contingent — NTREIS
• 2011-08-07 Listed $22,500 NTREIS
• 2011-08-04 Listing Removed — NTREIS
• 2010-11-08 Pending — NTREIS
• 2010-10-27 Contingent — NTREIS
• 2010-09-21 Listed $22,500 NTREIS
• 1990-10-01 Sold (Public Records) — Public Records

Property tax history

+8.9%/yr

Latest (2025): $3,858 · +1.5% YoY. Source: county tax records.