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$42,000

NAL Estimated Property Value

1115 Martin Luther King Dr, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11,252 sqft

Land Information

APNR53421
Lot Number20
SubdivisionHolts, Sec 1
Land UseOther / Unknown
Legal DescriptionHOLTS, SEC 1, BLOCK 8, LOT 20, ACRES .2583
Census Tract700200
Assessed Land Value$38,730
Assessment Year2025

About this property

This well-maintained 0.25-acre lot is ideal for your new single-family home or manufactured home residence as well as being in an ideal location. The property offers a great opportunity for someone looking to build their dream home in a peaceful and quiet neighborhood. With easy access to nearby parks, this lot is perfect for those looking to escape the hustle and bustle of city life. Don't miss out on this fantastic opportunity to own a piece of land in Cleveland, Texas It is close to the local community park. You can enjoy a sprawling green space, as well as hanging out with friends, outdoor functions, and recreational activities.

Investor Tools

Property Icon
$42,000
Estimated Property Value
$0Estimated Mortgage Balance
$42,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$66/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$580
$38,730
2025
$38,730
N/A
$38,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$580
$38,730

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$41,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cleveland

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1115 Martin Luther King Dr | Property Details | No Agent List