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$204,000

NAL Estimated Property Value

1563 County Road 2166, Cleveland, TX, 77327

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$108.17 / sqft
Year BuiltBuilt in 1979

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesRange, Microwave
FlooringCarpet, Concrete, Vinyl

Exterior

Exterior FeaturesPrivate Entrance
Lot Size23,688 sqft

Building Information

Year Built1979
Garage Spaces1

Land Information

APNR59982
Lot Number71-73
SubdivisionNew River Lakes
Land UseResidential
Legal DescriptionNEW RIVER LAKES, LOT 71-73, SEC 1, ACRES 0.5438
Census Tract700500
Assessed Land Value$23,510
Assessed Improvement Value$94,840
Assessment Year2025

About this property

3 Multi dwelling units available for sale Lots 71-75. Prefect for Air B&B or short term rentals. 1st unit = 2 bedrooms 1 full bath with stand up shower, custom made vanity/sink. with glass fireplace. Lots of natural lights. Back wall is majority all windows that overlook the lake. 2nd dwelling = 3 bedroom, 2.5 bath, large covered back porch, handicap access, dining room & bar area. 3rd dwelling 20x40 metal building, party building with a full kitchen & bathroom that has a soaker tub with lots of storage. Great for family gatherings. 60X60 metal workshop with 2 car bay & an additional 4 car carport. Home features a 30 KW diesel generator its large enough to run everything on the property. It needs minor work. 300 Ft water well, shared septic & water well. City water is available. 3 Sink fish cleaning station w/ water connections. 20 ft & 40 FT fishing piers. Home has never flooded. The lake is called New River Lake. It's the old river bed off the Trinity River

Investor Tools

Property Icon
$204,000
Estimated Property Value
$0Estimated Mortgage Balance
$204,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,224 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$382
$118,350
2025
$23,510
$94,840
$118,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$382
$118,350

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$196,000
100%
0%
$0/mo

City: Cleveland

1563 County Road 2166 | Property Details | No Agent List