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$355,000

NAL Estimated Property Value

1116 County Road 2235, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,442 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.59 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.25Bathrooms Full 3.25
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size1.00 acres

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR290873
SubdivisionM Donaho
Land UseSingle Family Residence
Legal Description000025 M DONAHO, TRACT 468, ACRES 1.004
Census Tract700400
Assessed Land Value$57,130
Assessed Improvement Value$218,020
Assessment Year2025

About this property

This beautiful new custom home in Tarkington School District is ready for its new owners! This brand new 3-bedroom, 2-bathroom home features a split floor plan with a modern color scheme, 9 ft. ceilings and gorgeous luxury vinyl plank floors throughout the common areas. The open concept living area flows into the kitchen/dining combo with island, eat-in bar and quartz countertops making house perfect for entertaining. Lots of natural light throughout the house with the glass panel backdoor and bright windows! The primarty suite includes a double vanity, large walk-in closet with built-in shelving, beautiful walk-in tile shower. Outside you will love all the space with huge yard - a cleared 1 acre lot with some scattered trees and a 2-car attached carport. Your peaceful, rural retreat is waiting!

Investor Tools

Property Icon
$355,000
Estimated Property Value
$570,338Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$483/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$275,150
2025
$57,130
$218,020
$275,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$275,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$291,620
Yes
First
Feb 11, 2025
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,338
N/A
0%
161%
$3,498/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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1116 County Road 2235 | Property Details | No Agent List