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$161,564

NAL Estimated Property Value

1304 N Washington Avenue, Cleveland, TX, 77328

Off MarketInfo
Beds— Beds
Baths— Bath
Baths2,000 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size21,606 sqft

Building Information

Year Built1970
Roof Type172

Land Information

APN10015051000
Lot Number63
SubdivisionAbst 15 M L Choate Survey
Land UseCommercial
Legal DescriptionABST 15 M L CHOATE SURVEY SEC 2 SUB LOT 63 SEC 2 SUB LOT 63
Census Tract210500
Assessed Land Value$21,625
Assessed Improvement Value$139,939
Assessment Year2025

About this property

Excellent investment opportunity. Purchase one or all four lots in the heart of Cleveland, TX. One of the four is a valuable corner lot, offering maximum exposure. Lot #4 is the corner lot. However this is lot #2. Located on N Washington Ave (Business 59), these lots are just under an hour from Houston via I-69/US-59. Enjoy proximity to parks, shopping, schools (Cleveland ISD), and outdoor recreation like Sam Houston National Forest and the Lone Star Hiking Trail. Positioned in a fast-growing area with strong development potential, these lots offer flexibility for investors, builders, or anyone looking to plant roots in a thriving Texas town. These lots have all utilities available, can be purchased individually or with all four lots, and are only for residential use.

Investor Tools

Property Icon
$161,564
Estimated Property Value
$119,912Estimated Mortgage Balance
$41,652Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$969 /month
Positive
Cash Flow Estimate:
$323 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,225
$161,564
2025
$21,625
$139,939
$161,564
No

Tax History

Year
Tax Paid
Assessed Value
2022
$1,225
$161,564

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First National Bank Of Livingston
Unknown
$128,000
No
First
Dec 14, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$119,912
$41,652
25%
74%
$768/mo

City: Cleveland