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$155,000

$165,000

161 Woodman Drive, Cleveland, TX, 77328

$169,844 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,290 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.16 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesElectric Oven, Electric Range

Exterior

Lot Size1.11 acres

Building Information

Year Built2007

Land Information

APN91951
Lot Number12
SubdivisionTrails End
Land UseResidential
Legal DescriptionTRAILS END #2, BLOCK 22, LOT 12, ACRES 1.115
Census Tract200106
Assessed Land Value$33,450
Assessed Improvement Value$104,460
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home offering approximately 1,290 sqft of living space on 1.115 unrestricted acres. Features a spacious living area, breakfast area, recently remodeled bathrooms, and fresh interior paint. The kitchen is ready for updates, offering buyers the opportunity to customize it to their own style and preferences. Home needs some repairs and is priced accordingly, making it a great opportunity for investors or buyers seeking a property with potential. Sold as is.

Investor Tools

Property Icon
$165,000
Estimated Property Value
$0Estimated Mortgage Balance
$91,279Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$169,843
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Maritza Renderos

HomeSmart

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$631
$137,910
2025
$33,450
$104,460
$137,910
No

Tax History

Year
Tax Paid
Assessed Value
2025
$631
$137,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Villa Blanca Properties Llc
Purchase Money Mortgage
$81,506
No
First
Jun 16, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$73,721
$91,279
55%
45%
$489/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$489/mo
+$1,233/mo
12.5%

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.

Explore Texas Explore This Area
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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161 Woodman Drive | Property Details | No Agent List