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B+
NoAgentList RatingHow are grades calculated? Info

$348,000

1220 Cleveland St, Houston, TX, 77019

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.77 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2,479 sqft

Building Information

Year Built2002
Garage Spaces1

Land Information

APN1211410010020
Lot Number20
SubdivisionFourth Ward Estates
Land UseResidential
Legal DescriptionLT 20 BLK 1 FOURTH WARD ESTATES SEC 1
Census Tract410101
Assessed Land Value$173,600
Assessed Improvement Value$116,272
Assessment Year2025

About this property

Welcome to this beautiful single-family home in the heart of Houston,Texas. Located in historic Fourth Ward with backyard views of downtown. First floor opens up to an open floor plan living, dining and kitchen. You'll find a cute backyard space for gardening and relaxation. Both bedrooms are located upstairs separated by a game room/flex space that includes storage closet. Bathroom was recently updated to include large glass enclosed shower. Home is in walking distance of your daily amenities and close proximity to all major freeways.

Investor Tools

Property Icon
$348,000
Estimated Property Value
$119,000Estimated Mortgage Balance
$311,217Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,430
$289,872
2025
$173,600
$116,272
$289,872
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,430
$289,872

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$119,000
No
First
Oct 10, 2014
Nov 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,783
$277,217
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
N/A
+$1,960/mo
6.8%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1220 Cleveland St | Property Details | No Agent List