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$241,000

NAL Estimated Property Value

150 Maurine Ln, Cleveland, TX, 77328

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,400 Sq Ft
Multi FamilyMulti Family
price_per_sqft$203.57 / sqft
Year BuiltBuilt in 1999

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Microwave, Electric Range, Electric Oven
FlooringLaminate, Tile

Exterior

Lot Size1.51 acres

Building Information

Year Built1999

Land Information

APN89235
Lot Number18
SubdivisionTrails End
Land UseResidential
Legal DescriptionTRAILS END #1, BLOCK 2, LOT 18, ACRES 1.51
Census Tract200106
Assessed Land Value$52,800
Assessed Improvement Value$185,340
Assessment Year2025

About this property

Nestled on 1.5 acres, 150 Maurine Ln offers 3 bedrooms, 2 bathrooms, and thoughtful updates, including a remodeled kitchen with quartz counters, refreshed bathrooms, and fresh paint. Enjoy energy efficiency with fully paid-off solar panels and peace of mind during outages with a whole home Generac generator. The fully fenced property features an automatic gate and mature trees. A 2021 Oak Creek modular home is currently on the property providing an excellent opportunity for additional income, currently leased for $700 per month with the tenant able to vacate with 30 days' notice. This 2-bedroom, 2-bathroom home includes a covered porch, separate electric meter, and a slab foundation. THIS IS NOT INCLUDED IN THE PRICE BUT CAN BE PURCHASED FOR AN ADDITIONAL AMOUNT, otherwise it will be removed prior to closing. Local favorites like La Costa, Rio's, and Agave Mexican Restaurants, as well as conveniences like HEB and Walgreens, are just minutes away.

Investor Tools

Property Icon
$241,000
Estimated Property Value
$234,149Estimated Mortgage Balance
$6,851Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$155/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$657
$238,140
2025
$52,800
$185,340
$238,140
No

Tax History

Year
Tax Paid
Assessed Value
2025
$657
$238,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$251,275
No
First
Sep 21, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,149
$20,851
8%
97%
$1,507/mo

Learn About the Market: Opportunity in Texas

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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.

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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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150 Maurine Ln | Property Details | No Agent List