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$424,000

NAL Estimated Property Value

1518 County Road 308, Cleveland, TX, 77327

$440,188 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,695 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.47 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Electric Cooktop, Double Oven, Gas Oven
FlooringTile, Vinyl

Exterior

Lot Size1.46 acres

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR36791
Lot Number51,52
SubdivisionChaparral Ranch
Land UseResidential
Legal DescriptionCHAPARRAL RANCH, LOT 51 52 SEC 1, ACRES 1.46
Census Tract700400
Assessed Land Value$47,570
Assessed Improvement Value$313,680
Assessment Year2025

About this property

Discover this welcoming 3 BR, 2.5-bath, 2,695 sq ft home nestled in Chaparral Ranch on Tarkington Prairie. The property has never flooded. Situated on three parcels of beautifully wooded and unrestricted land totaling approximately 2.18 acres, this property offers ample space for your aspirations. Additionally, there's a substantial 40x80 commercial grade barn sitting on a slab equipped with electricity, presenting an opportunity to bring your business endeavors to life or to develop your hobbies. The back porch has a fully operational hot tub that will stay with the house, offering a luxurious retreat. New HVAC installed May 2024 and new LV floors installed approx 3 years ago; there is no carpet in the home, ensuring modern comfort and style throughout the home. New roof and aerobic septic system installed in 2022. Don't miss out on an opportunity to own a piece of your own private sanctuary. Home is being sold "as-is".

Investor Tools

Property Icon
$424,000
Estimated Property Value
$0Estimated Mortgage Balance
$424,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$440,187
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,686
$361,250
2025
$47,570
$313,680
$361,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,686
$361,250

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,000
100%
0%
$0/mo

City: Cleveland

1518 County Road 308 | Property Details | No Agent List