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$320,000

NAL Estimated Property Value

121 Ridley Lane, Cleveland, TX, 77328

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,607 Sq Ft
price_per_sqft$107.4 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2

Exterior

Lot Size1.42 acres

Building Information

Year Built1984
Garage Spaces2

Land Information

APN138527
Land UseFarm & Ranch With Residence
Legal DescriptionA243 JAMES PATTERSON, TRACT 15 & 15.3, ACRES 1.42
Census Tract200105
Assessed Land Value$48,590
Assessed Improvement Value$271,410
Assessment Year2025

About this property

Update: Seller revised acreage amount and price adjustment UNRESTRICTED PROPERTY CONNECTING TO TWO SIDES OF THE SAM HOUSTON NATIONAL FOREST. Property like this is very rare in this area. Beautiful 3 bedroom/2 bath home with over 13 acres with fenced in separate yards for your animals, a small fenced section for larger animals or a garden and wooded acreage for your unrestricted use. Walk to the back of your own property that joins two sides of the National Forest and hunt from your own property. Create atv or hiking trails on your own acreage or clear some spots for game feeding patches. Better yet, you can hike straight through from your property and the National Forest, crossing Bowen Loop to the East Fork San Jacinto River bottom to fish or explore. This beautiful home has gorgeous wood paneling and wooden cabinetry perfect for the country look and feel. Spacious living area, open concept from the kitchen.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$0Estimated Mortgage Balance
$320,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,325
$320,000
2025
$48,590
$271,410
$320,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,325
$320,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$320,000
100%
0%
$0/mo

City: Cleveland

121 Ridley Lane | Property Details | No Agent List