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$755,000

NAL Estimated Property Value

1551 County Road 318, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,750 Sq Ft
price_per_sqft$236.36 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringTile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Lot Size6.14 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR24392
SubdivisionC Harper
Land UseResidential
Legal Description000209 C HARPER, TRACT 339-341 424, ACRES 6.1432
Census Tract700303
Assessed Land Value$216,430
Assessed Improvement Value$302,290
Assessment Year2025

About this property

Charming updated brick home on 6+ unrestricted acres with no HOA! This spacious property features 3 bedrooms, 3 bathrooms, and a private office that can easily serve as a 4th bedroom. Enjoy an open living area with cedar vaulted ceilings, a brick fireplace, and custom mantel. The primary suite offers double sinks and large walk-in closets. Recent upgrades include tile flooring, doors, crown molding, hurricane-rated windows, vinyl siding, Generac generator, 2023 roof, and radiant barrier insulation. Step outside to your private in-ground pool with new filter, pump, and coping (2025), plus fruit trees and peaceful country views. Whole-house water softener installed in 2025. Barn with new doors is ready for horses, chickens, and livestock, and the chicken coop conveys. Bonus adjacent lot offers potential for a future home, rental, or additional privacy. Country living with endless possibilities! See under Attached for all property updates!

Investor Tools

Property Icon
$755,000
Estimated Property Value
$434,695Estimated Mortgage Balance
$320,305Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,530 /month
Positive
Cash Flow Estimate:
$1,510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,697
$518,720
2025
$216,430
$302,290
$518,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,697
$518,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$460,000
No
First
Jun 21, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$434,695
$320,305
42%
58%
$2,758/mo

City: Cleveland

1551 County Road 318 | Property Details | No Agent List