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$268,000

NAL Estimated Property Value

120 Circle Drive, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,989 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.55 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Free-Standing Range, Dishwasher
FlooringLaminate

Exterior

Lot Size14,501 sqft

Building Information

Year Built1968
Stories1
Roof Type105

Land Information

APNR53081
Lot Number8,9
SubdivisionHighland Park
Land UseResidential
Legal DescriptionHIGHLAND PARK, BLOCK 1, LOT 8 9, ACRES .3329
Census Tract700303
Assessed Land Value$48,000
Assessed Improvement Value$190,390
Assessment Year2025

About this property

Totally renovated home in the desirable neighborhood of Highland Park; never flooded. Big spacious fenced yard with lots of room. Very spacious with open concept kitchen with all new stainless steel appliances & beautiful granite. Roof replaced in 2017, A/C in 2015, foundation was leveled & insulated, all subfloors & beams replaced, walls newly insulated, all new double paned windows & doors throughout. New Hardie siding, totally rewired & new service installed, all new fixtures & outlets, all new PEX inside plumbing, new gas line, new drywall ,completely remodeled bathrooms, all new kitchen, new laminate floors and baseboards, new paint inside & out. Washer & dryer included. Very nice storage building in back(9X15) to store all your tools etc. Come bring your family home; ready to move in!!!

Investor Tools

Property Icon
$268,000
Estimated Property Value
$152,360Estimated Mortgage Balance
$115,640Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,424
$238,390
2025
$48,000
$190,390
$238,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,424
$238,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$169,110
No
First
Mar 12, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,360
$115,640
43%
57%
$1,014/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,014/mo
+$708/mo
7.7%

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.

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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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120 Circle Drive | Property Details | No Agent List