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$55,000

NAL Estimated Property Value

1306 N Washington Avenue, Cleveland, TX, 77328

Off MarketInfo

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 #1. 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
$55,000
Estimated Property Value
$0Estimated Mortgage Balance
$55,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$330 /month
Positive
Cash Flow Estimate:
$110 /month

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Financing Details

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

City: Cleveland

1306 N Washington Avenue | Property Details | No Agent List