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$175,449

1301 Truman Street, Cleveland, TX, 77327

$177,819 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.41 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size14,501 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR48821
Lot Number6,7
SubdivisionGlen Park-Clev
Land UseResidential
Legal DescriptionGLEN PARK-CLEV, BLOCK 9, LOT 6 7, ACRES .3329
Census Tract700303
Assessed Land Value$52,800
Assessed Improvement Value$134,550
Assessment Year2025

About this property

JUST LISTED on a NICE CORNER LOT! Drive by 1301 Truman Street in Cleveland, Texas to see this nice 3-bedroom, 2-bathroom home that is located on a large corner lot. It features fresh paint and some other upgrades such as new flooring, a bright open kitchen and a big, covered patio. This could be your next home! WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call us today to get more information on the owner's easy terms and smooth process that may be able to put the deed in your name and make this your dream home.

Investor Tools

$148,863Estimated Mortgage Balance
$38,487Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$177,818
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,124 /month
Positive
Cash Flow Estimate:
$375 /month

Interested in this property?

Chet Polniazek

1st Texas Realty Services

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,278
$187,350
2025
$52,800
$134,550
$187,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,278
$187,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$161,500
No
First
Apr 19, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,863
$38,487
20%
79%
$969/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$969/mo
+$753/mo
11.0%

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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1301 Truman Street | Property Details | No Agent List