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    419-423 E Henderson St Cleburne, TX 76031

    Sponsored
    For Sale
    $538,000

    Apartment - Cleburne, TX

    Type:Apartment
    Lot size:
    0.23 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 7 at 9:06 pm

    Property Features for 419-423 E Henderson St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    9
    Bathrooms
    9
    APN
    126280021120
    Parking
    12
    Parking features
    On Street, Open, Parking Lot
    Interior features
    Cable Tv Available, High Speed Internet Available
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Washer
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Cable Available
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Electric

    Building Details

    Year built
    1896
    Floors in Building
    2
    Flooring type
    Carpet, Tile, Vinyl, Wood
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Coldwell Banker Bob King Realty (817) 641-9873

    Listing agent Cheri White (817) 641-9873

    Listing date Jan 2, 2026

    MLS# 21129247 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Multifamily Property in Cleburne

    This historic property, built in 1896, is located in the heart of the downtown historic district. Originally a hotel, the building has been adapted into a multifamily setup with three updated apartments, offering income potential. The property spans approximately 8,000 square feet on a 0.228-acre lot and offers versatility for various uses including hotel, motel, food service, office, retail, or continued residential use. The second-floor apartment spans the entire floor and features 5 bedrooms, a full kitchen, living room, and office with custom built-in shelving. Modern comforts include central heating and air conditioning, dishwasher, disposal, and microwave in units, paired with classic features such as a brick and stucco foundation, tar and gravel roof, and high ceilings (11-14 feet) with wood and concrete flooring. The property features a private patio in the back, an upper deck, and a sprinkler system. There are 12 common parking spaces and convenient access via East Henderson. Additional highlights include individual water meters, and city sewer utilities. The property has low rents with significant upside potential. The gross built area is 6,336 square feet with 4 units total. Zoning is MF-2 High-Density Residential District, and the site is located in the Downtown Core Overlay (DTC).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cleburne
    County
    Johnson
    State
    Texas
    Longitude
    -97.382583
    Latitude
    32.34849

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    FAQs

    What type of property is this?
    Apartment building - Charming historic multifamily property with income potential in downtown Cleburne.
    Where is this apartment building located?
    The property is located at 419-423 E Henderson St Cleburne, TX.
    What is the asking price?
    The asking price for this property is $538,000.
    What are key features of this property?
    This property features: - High-income potential with low current rents in a growing area.; - Versatile property suitable for retail, residential, or mixed-use, including hotel/motel, food service, or office space.; - Designated historical building in the heart of the downtown historic district.
    (817) 641-9873
    Request Owner's contact information
    419-423 E Henderson St Cleburne, TX 76031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    419-423 E Henderson St Cleburne, TX 76031
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