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$263,000

NAL Estimated Property Value

205 Charles Street, Cleveland, TX, 77327

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,000 Sq Ft
DuplexDuplex
price_per_sqft$199.95 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1.5Bathrooms Full 1.5
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Exterior

Lot Size14,000 sqft

Building Information

Year Built2025
Stories1
Roof Type105

Land Information

APNR53579
Lot Number7,8
SubdivisionHolts 4.8 Ac
Land UseVacant Land
Legal DescriptionHOLTS 4.8 AC, BLOCK 2, LOT 7 8, ACRES .3214
Census Tract700100
Assessed Land Value$40,460
Assessed Improvement Value$103,140
Assessment Year2025

About this property

Introducing a newly constructed duplex, an excellent investment opportunity! This modern property consists of two income-producing units, each with 2 bedrooms, 2 bathrooms, spacious kitchens, and open living areas. Central air and heat provide year-round comfort, while ample parking adds convenience. Situated across from Cleveland Ninth Grade Center, with easy access to shopping and dining, this duplex offers both practicality and accessibility. Additionally, there is potential to build more units, enhancing the investment value. Don't miss out on this prime opportunity in a growing community!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$278,221Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$186/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$916
$143,600
2025
$40,460
$103,140
$143,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$916
$143,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$281,084
Yes
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,221
N/A
0%
106%
$1,686/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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