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$702,000

NAL Estimated Property Value

2 Smith Loop E, Cleveland, TX, 77327

$761,963 ARVInfo
Off MarketInfo
Beds3 Beds
Baths5 Bath
Baths2,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$305.28 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4.5Bathrooms Full 4.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Gas Oven

Exterior

Lot Size1.32 acres

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR147413
Lot Number2
SubdivisionArtesian Lakes
Land UseResidential
Legal DescriptionARTESIAN LAKES, LOT 2, SEC 1, ACRES 1.318
Census Tract700600
Assessed Land Value$120,590
Assessed Improvement Value$577,300
Assessment Year2025

About this property

Discover lakeside luxury on this 1.3-acre property in the exclusive Artesian Lakes gated community, just 60 miles from Houston. This stunning home overlooks the community's largest artesian-fed lake, with peaceful water views and unmatched serenity. Step inside to a high vaulted ceiling in the living area, bamboo flooring, and a chef’s kitchen with Marble/Quartz countertops, and easy-close drawers, making it ideal for hosting and relaxing. Unwind in the primary suite’s oversized soaker tub or on the expansive 1,100 sq ft deck, screened porch, or private fishing dock. With a full-home generator, lake-fed irrigation, and a unique kayak condo for effortless lake access, every detail is designed for your comfort. Owners enjoy amenities at The Retreat at Artesian Lakes, including the Hilltop Restaurant, Hospitality House, pool/hot tub, swim lake, fitness center, and frisbee golf course. This home is your gateway to a life of lakefront serenity and adventure.

Investor Tools

Property Icon
$702,000
Estimated Property Value
$0Estimated Mortgage Balance
$702,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$761,962
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,788 /month
Positive
Cash Flow Estimate:
$1,596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$856/month
$3,180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,765
$697,890
2025
$120,590
$577,300
$697,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,765
$697,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$711,000
100%
0%
$0/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.

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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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2 Smith Loop E | Property Details | No Agent List