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$165,000

$180,000

189 County Road 2223, Cleveland, TX, 77327

$214,500 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$85.94 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Half 2Bathrooms Half 2
AppliancesMicrowave, Dishwasher
FlooringVinyl

Exterior

Lot Size2 acres

Building Information

Year Built2006

Land Information

APNR153839
SubdivisionE K Davis
Land UseResidential
Legal Description000017 E K DAVIS, TRACT 233, ACRES 2.0, MH LABEL# HWC0375199 / HWC0375200
Census Tract700500
Assessed Land Value$81,000
Assessed Improvement Value$116,020
Assessment Year2025

About this property

**Investor-Friendly Opportunity in Cleveland, TX!** This property offers excellent potential for investors, landlords, builders, or buyers looking for a value-add opportunity. Situated on a spacious lot in a growing area of Cleveland, this property provides plenty of room for renovation, redevelopment, or long-term hold strategies. Conveniently located with easy access to local amenities, schools, and major roadways while still offering a peaceful, country-like setting. Whether you're looking to expand your rental portfolio, pursue your next flip project, or secure an investment in a rapidly developing market, this property presents a great opportunity. Buyer to verify all property information, restrictions, utilities, and development potential. Don't miss this chance to invest in one of the area's expanding communities! (Photos are virtually staged)

Investor Tools

Property Icon
$238,000
Estimated Property Value
$153,500Estimated Mortgage Balance
$99,975Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$214,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

Christopher Dahl

Stag & Stone Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$933
$197,020
2025
$81,000
$116,020
$197,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$933
$197,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$153,500
No
First
Apr 22, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,025
$99,975
42%
58%
$921/mo

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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189 County Road 2223 | Property Details | No Agent List