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$350,000

21506 Highway 321, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.59 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size3.97 acres

Building Information

Year Built1979
Stories1
Roof Type105

Land Information

APNR31894
SubdivisionF H Votaw-4
Land UseResidential
Legal Description000838 F H VOTAW-4, TRACT 4 8, ACRES 3.97
Census Tract700400
Assessed Land Value$165,180
Assessed Improvement Value$149,320
Assessment Year2025

About this property

Welcome to this impeccably maintained country estate, where timeless charm meets modern luxury. Nestled on a lush, beautifully landscaped property, this home features perfectly manicured grounds that offer a serene and private escape from the everyday. A thoughtfully updated interior boasts hard surface flooring throughout, ideal for both elegance & and easy maintenance. Open concept floorplan & chef's delight kitchen, complete with premium stainless steel appliances, ample storage & space for family & friends to gather. Outside, enjoy the expansive views, mature trees, and open skies—perfect for outdoor gatherings. Adding to the charm & functionality of this estate is a classic barn, ideal for horses, hobbies, or additional storage. Whether you're seeking a tranquil retreat or a place to grow and entertain, this stunning property offers the best of country living with all the modern updates.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$255,000Estimated Mortgage Balance
$98,729Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$525
$314,500
2025
$165,180
$149,320
$314,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$525
$314,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank
Building Or Construction Loan
$255,000
No
First
Jul 7, 2025
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,271
$85,729
25%
72%
$1,529/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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21506 Highway 321 | Property Details | No Agent List