Last 24 Hours
$24,200
NAL Estimated Property Value0 Morgan Cemetery Rd, Cleveland, TX, 77328
Off Market
About this property
BEAUTIFUL WOODED LOT IN A QUIET RESIDENTIAL NEIGHBORHOOD JUST A FEW MILES FROM 59. THE LOT IS JUST SHY OF 1/2 AN ACRE LOCATED IN THE VERY POPULAR NORTH WOODS SUBDIVISION WHERE MANY NEW HOMES ARE BEING BUILT. THE LOT IS LOCATED IN SPLENDORA ISD. SELLER IS ALSO SELLING NEIGHBORING LOT AS WELL WHICH IS JUST SHY OF 1/3 OF AN ACRE. YOU CAN PURCHASE BOTH LOTS TOGETHER AND HAVE CLOSE TO 3/4 OF AN ACRE! BRING ALL OFFERS! NO MOBILE HOMES ALLOWED. NEW CONSTRUCTION ONLY. IS LOCATED IN FLOOD PLAIN. COMMUNITY WATER AVAILABLE BUT MUST INSTALL SEPTIC.
Investor Tools
$24,200
Estimated Property Value
$0Estimated Mortgage Balance
$24,200Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$36/month
5.947%
12.4%