$391,000
NAL Estimated Property Value1486 County Road 2224, Cleveland, TX, 77327
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size1.64 acres
Building Information
Year Built1940
Stories1
Roof Type112
Land Information
APNR10866
SubdivisionE K Davis
Land UseResidential
Legal Description000017 E K DAVIS, TRACT 74, 132, ACRES 1.6407
Census Tract700400
Assessed Land Value$68,290
Assessed Improvement Value$77,520
Assessment Year2025
About this property
2 homes on 1.6acres of land. 1 bed +1 bath / 2 bed + 1 bath
Investor Tools
$391,000
Estimated Property Value
$62,373Estimated Mortgage Balance
$328,627Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,346 /month
Positive
Cash Flow Estimate:
$782 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$642
$145,810
2025
$68,290
$77,520
$145,810
No
Tax History
Year
Tax Paid
Assessed Value
2024
$642
$145,810
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$70,063
No
First
Sep 10, 2020
Oct 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,373
$298,627
82%
16%
$421/mo
