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1706 Redwood Drive #1706 & 1708

Cleburne, TX 76033

$225,000

2 units · 1978

Units2
Building area1,800 sq ft
Year built1978
Gross income$22,200/yr
Cap rate7.25% as listed
Lot size0.273 acres
TypeDuplex

What it costs to own

Taxes$4,148 per year
HOANone listed
Operating expenses$2,400 per year — as listed
Insurance$3,490 per year — as listed
Net operating income$16,310 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Attention investors! Great opportunity to add this income producing duplex to your investment portfolio! Situated on approximately 0.273 acres in Cleburne ISD, this single story duplex offers a total of 1,800 square feet with two separate units, each featuring 2 bedrooms and 1 full bathroom. Both units are currently leased through November at $925 per month per unit, offering a combined monthly rental income of $1,850. One tenant is scheduled to vacate at the end of November, and efforts are already underway to secure a new tenant, providing an opportunity for continued rental income. The property features a spacious backyard, wood fencing, gravel parking, and city water and sewer services. With no HOA and an established rental history, this duplex offers an appealing opportunity for investors looking to expand their rental portfolio. Whether you're a seasoned investor or just getting started, don't miss this opportunity to own a multifamily investment property with income potential!

The details

HeatingOther
CoolingWall/Window Unit(s)
FlooringCarpet, Vinyl
AppliancesNone
Interior featuresCable TV Available

Construction materialsSiding
RoofComposition
FoundationPillar/Post/Pier

Lot featuresInterior Lot, Lrg. Backyard Grass, Subdivided
FencingWood
Water sourceCity Water
SewerCity Sewer

SubdivisionA MCANIER

ElementaryMarti
Middle schoolAd Wheat
High schoolCleburne
DistrictCleburne ISD

Gross income$22,200 per year
Operating expenses$2,400 per year
Operating includesInsurance, Maintenance
Insurance$3,490 per year
Cap rate7.25% — as listed
Net operating income$16,310 per year

MLS #21428614
Source
On the marketListed today
CountyJohnson

Around this home

One moment…

Everyday life

Nearest groceryCarniceria Mi Pueblo · 0.8 mi
Nearest parkP.D. Lacewell Park · 1.2 mi

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Listing courtesy of TheGreenTeam RE Professionals — Shelley Green.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21428614. Information last updated November 7, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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