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$160,000

189 County Road 2223, Cleveland, TX, 77327

$208,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,920 Sq Ft
price_per_sqft$83.33 / 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

$138,025Estimated Mortgage Balance
$99,975Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$208,000
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

City: Cleveland

189 County Road 2223 | Property Details | No Agent List