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201-205 E Chambers St 11 Unit Apartment Building $3,822,392 CAD ($347,490 CAD/Unit) Cleburne, TX 76031
Executive Summary
Seller reports average gross monthly income of approximately $20,000.
Presenting a rare mixed-use investment opportunity in the heart of Historic Downtown Cleburne, Texas: the iconic Dickson Hardware & Furniture Co. building located at 201–205 E. Chambers Street. 14 onsite parking spaces, a valuable asset in the downtown area. The ground floor has a large grease trap to accommodate restaurant/food tenants. Approx 3833SF left for commercial lease.
Originally constructed in 1900, this landmark property spans approximately 20,000 square feet across three floors and blends historic character with modern updates. The first-floor features multiple commercial spaces, offering excellent visibility and flexibility for retail, restaurant, or office users seeking a presence in Cleburne’s thriving downtown district.
The second and third floors house 11 residential lofts, capitalizing on strong demand for downtown living and contributing to a diversified income stream. The building has undergone extensive renovations completed in 2024, enhancing both functionality and appeal while preserving its historic charm.
Positioned within walking distance of local dining, retail, and civic amenities, this property represents a compelling opportunity for investors seeking a stabilized, mixed-use asset in a growing North Texas market.
Additional financials and rent roll available upon request.
Presenting a rare mixed-use investment opportunity in the heart of Historic Downtown Cleburne, Texas: the iconic Dickson Hardware & Furniture Co. building located at 201–205 E. Chambers Street. 14 onsite parking spaces, a valuable asset in the downtown area. The ground floor has a large grease trap to accommodate restaurant/food tenants. Approx 3833SF left for commercial lease.
Originally constructed in 1900, this landmark property spans approximately 20,000 square feet across three floors and blends historic character with modern updates. The first-floor features multiple commercial spaces, offering excellent visibility and flexibility for retail, restaurant, or office users seeking a presence in Cleburne’s thriving downtown district.
The second and third floors house 11 residential lofts, capitalizing on strong demand for downtown living and contributing to a diversified income stream. The building has undergone extensive renovations completed in 2024, enhancing both functionality and appeal while preserving its historic charm.
Positioned within walking distance of local dining, retail, and civic amenities, this property represents a compelling opportunity for investors seeking a stabilized, mixed-use asset in a growing North Texas market.
Additional financials and rent roll available upon request.
Property Facts
| Price | $3,822,392 CAD | Building Class | C |
| Price Per Unit | $347,490 CAD | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 20,000 SF |
| No. Units | 11 | Average Occupancy | 70% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1900/2024 |
| Apartment Style | Low-Rise | Parking Ratio | 0.7/1,000 SF |
| Zoning | Mixed - Mixed-Use | ||
| Price | $3,822,392 CAD |
| Price Per Unit | $347,490 CAD |
| Sale Type | Investment |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 20,000 SF |
| Average Occupancy | 70% |
| No. Stories | 3 |
| Year Built/Renovated | 1900/2024 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | Mixed - Mixed-Use |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer Hookup
- Ceiling Fans
- Hardwood Floors
- High Speed Internet Access
- Walk-In Closets
- Double Pane Windows
- Handrails
Site Amenities
- Fiber Optic Internet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | - | - |
1 1
Property Taxes
| Parcel Number | 126-2800-01120 | Improvements Assessment | $614,343 CAD |
| Land Assessment | $49,691 CAD | Total Assessment | $664,034 CAD |
Property Taxes
Parcel Number
126-2800-01120
Land Assessment
$49,691 CAD
Improvements Assessment
$614,343 CAD
Total Assessment
$664,034 CAD
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201-205 E Chambers St
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