NoAgentList RatingHow are grades calculated?

59Days on Market

1view

$200,000

$230,000

180 Maurine Ln, Cleveland, TX, 77328

$232,589 ARV

On Market

Price Drop

3 Beds

2 Bath

1,300 Sq Ft

Single Family Residence

$153.85 / sqft

Built in 2010

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Half 2

AppliancesElectric Oven, Microwave, Electric Range, Dishwasher

FlooringLaminate

Exterior

Lot Size3.30 acres

Building Information

Year Built2010

Land Information

APN89238

Lot Number21,22

SubdivisionTrails End

Land UseResidential

Legal DescriptionTRAILS END #1, BLOCK 2, LOT 21 & 22, ACRES 3.3

Census Tract200106

Assessed Land Value$87,980

Assessed Improvement Value$145,580

Assessment Year2025

About this property

RAPIDLY GROWING AREA! Just minutes from Hwy 105 E. NO RESTRICTIONS, NO HOA—bring your animals, add a second home, build a shop or business, or simply enjoy the space. Property is being sold AS IS. Needs TLC. Discover tranquility and natural beauty with this charming 3-bedroom, 2-bathroom home situated on 3.3 unrestricted wooded acres. Offering approximately 1,300 sq ft of living space, this property provides the perfect blend of privacy and rustic charm. Step into a spacious living room that flows into a hallway leading to two secondary bedrooms and a full bathroom. Continue into the recently remodeled kitchen and dining area. At the rear of the home, enjoy a private primary suite featuring its own bathroom and a walk-in closet. Additional highlights include a laundry room and peaceful views of the surrounding forested landscape. Recent Updates: Roof replaced in 2024, A/C unit replaced in 2024, Septic system replaced in 2021, Driveway culvert replaced for improved water drainage.

Investor Tools

$233,560

Estimated Property Value

$60,000Estimated Mortgage Balance

$183,203Estimated Equity

74% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$232,588

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,401 /month

Positive

Cash Flow Estimate:

$467 /month

Interested in this property?

Julia Mendez

LPT Realty, LLC

Contact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$143/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$551

$233,560

2025

$87,980

$145,580

$233,560

Tax History

Year

Tax Paid

Assessed Value

2025

$551

$233,560

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

5g Lp

Unknown

$60,000

First

Jul 20, 2018

Jul 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$50,357

$183,203

78%

22%

$360/mo

Learn About the Market: Opportunity in Texas

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 This Area