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Located in one of DFW's Opportunity Zones, the 8.12 acres of land is a multifamily site and zoned for 33 duplex lots with a capacity for 66 units total. It is in the city of Cleburne in Johnson County (appx. 25 mi south of downtown Fort Worth), and is adjacent to Cleburne Oaks Apts, (O.R. of 92%). Being in an Opportunity Zone, investors can benefit by a deferral of capital gains taxes, among other tax benefits. Unlike other incentive programs, there are no monetary caps on Opportunity Zone investments, making the program flexible and scalable to meet market needs. The 33 lots have their own tax identification number. The land has received final plat approval and is registered with the city of Cleburne.

Address: 407 Country Meadows Circle
State: TX
City: Cleburne
County: Johnson
Zip Code: 76033
Neighborhood: Country Meadows Estates
MLS#: 14068030
MLS Area: JOHNSON COUNTY (38)

Price History

Date Price Event Change MLS#:
4/16/2019 $600,000 List Price 14068030

Assigned School Zones

  • Elementary School:Irving
  • Middle School:Lowell Smith
  • High School:Cleburne

Nearby Schools

Irving Elementary School(Preschool-5)
Plum Creek Elementary School(Preschool-6)3
H D Staples Elementary School(Preschool-6)
Cooke Elementary School(K-5)4
A G Elder Elementary School(Preschool-6)5
Plum Creek Elementary School(Preschool-6)3
H D Staples Elementary School(Preschool-6)
A G Elder Elementary School(Preschool-6)5
Tom And Nita Nichols Middle School(6-8)
New Horizon High School(9-12)4
Joshua High School(10-12)3
Chisholm Trail Academy(9-12)4

Interior Details

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  • Features:
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Exterior Details

  • Home Construction
  • Features:
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  • Pool:No
  • Utilities:Other
  • Lot Description:Acreage,Subdivision
  • Lot Size:5 Acres to 9.99 Acres

Community Details

  • HOA: $0/mo
    Fees Include:

Rental Information

  • Rental Income:$0
  • Rental Number:0

Similar Properties

Property Information Last Updated: 1/17/2019 10:30:59 AM
Property Listed By Redwood Realty Inc.


The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser and Estately.com assumes no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. - DC

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