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$346,000

NAL Estimated Property Value

1203 County Road 2222, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,406 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.04 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Exterior

Lot Size3.13 acres

Building Information

Year Built1982
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR10927
SubdivisionE K Davis
Land UseResidential
Legal Description000017 E K DAVIS, TRACT 135, ACRES 3.13
Census Tract700500
Assessed Land Value$95,040
Assessed Improvement Value$240,510
Assessment Year2025

About this property

Peaceful and serene country retreat on 3.13 tree shaded acres on a corner lot! This property has so much to offer! Main home features 3 bedrooms, 1 bath, over 1400 sq feet, a wood burning fireplace, metal roof, screened in patio, large walk-in closet in primary bedroom, large laundry room, and covered back patio. Detached 2 car garage. Great 2 story apartment features 2 bedrooms,1 bath with kitchen and laundry connections and it's own separate entrance. Other features include a large barn, pond on the property, both a water well and city water. Gated front entrance. Schedule your tour today!

Investor Tools

Property Icon
$346,000
Estimated Property Value
$271,983Estimated Mortgage Balance
$74,017Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$276/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,588
$335,550
2025
$95,040
$240,510
$335,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,588
$335,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$280,321
Yes
First
Sep 3, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,983
$63,567
18%
79%
$1,681/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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1203 County Road 2222 | Property Details | No Agent List