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$207,000

1202 Truman St, Cleveland, TX, 77327

$214,204 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,638 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.15 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size14,501 sqft

Building Information

Year Built1962
Stories1
Roof Type112
Garage Spaces4

Land Information

APNR48867
Lot Number1,2
SubdivisionGlen Park-Clev
Land UseResidential
Legal DescriptionGLEN PARK-CLEV, BLOCK 19, LOT 1 2, ACRES 0.3329
Census Tract700303
Assessed Land Value$52,800
Assessed Improvement Value$139,510
Assessment Year2025

About this property

Welcome home to this beautifully renovated 3 bed, 2 bath haven! Step onto luxury vinyl plank flooring and admire the elegance of granite countertops in the kitchen and baths. Fresh interior and exterior paint enhance the charm. Indulge in culinary delights with new kitchen appliances including a dishwasher, microwave, and range with ample counter space and cabinets. Enjoy intimate gatherings in the cozy living area adjacent to the kitchen, or spread out in the spacious family room. Energy-efficient windows invite natural light and savings. Outside, revel in this large lot with a 3-car carport and ample outdoor entertaining spaces. Located in Cleveland ISD, this property is a true gem awaiting its lucky owner.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$201,286Estimated Mortgage Balance
$12,322Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$214,203
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,242 /month
Positive
Cash Flow Estimate:
$414 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,819
$192,310
2025
$52,800
$139,510
$192,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,819
$192,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$201,286
Yes
First
Jul 25, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,678
$6,322
3%
94%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,207/mo
+$1,019/mo
12.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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