Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A+
NoAgentList RatingHow are grades calculated?Info

$841,000

NAL Estimated Property Value

1397 Fm 223 Road, Cleveland, TX, 77327

$1,093,300 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.83 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

ARV FlipHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4.25Bathrooms Full 4.25
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size12.19 acres

Building Information

Year Built2011
Stories2
Roof Type112
Garage Spaces2

Land Information

APNR22133
SubdivisionA Cherry
Land UseResidential
Legal Description000155 A CHERRY, TRACT 4, ACRES 12.185
Census Tract700500
Assessed Land Value$299,710
Assessed Improvement Value$361,890
Assessment Year2025

About this property

The Future you've dreamed of awaits you. Coffee under the front porch watching the deer stroll casually as the sun rises, and a fishing rod and an adult beverage watching the sun go down. The breathtaking homefr4ont offers 12+/- Acres of fenced property ready for the horses, cattle, goats or whatever brings you happiness. Big farewell to deed restrictions and pricey HOA's, there's none of that here. The custom-built farmhouse presents you with just under 4,000 sqft and enormous amounts of outdoor living space, built with family in mind! Newly renovated downstairs bathroom, new flooring in dinning room, and other updated recently made to the home!! located in the coveted Tarkington ISD, this one offers it all so come look at it yourself!

Investor Tools

Property Icon
$841,000
Estimated Property Value
$496,285Estimated Mortgage Balance
$344,715Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,093,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,046 /month
Positive
Cash Flow Estimate:
$1,682 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,113
$661,600
2025
$299,710
$361,890
$661,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,113
$661,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$522,500
No
First
Aug 18, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$496,285
$344,715
40%
59%
$3,133/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1397 Fm 223 Road | Property Details | No Agent List