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A+
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$406,650

217 S Cleveland Ave, TX, 77327

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$66.37 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4.25Bathrooms Full 4.25
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringLaminate

Exterior

Lot Size23,474 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces3

Land Information

APNR63672
Lot Number8-10
SubdivisionPeebles-1
Land UseResidential
Legal DescriptionPEEBLES-1, BLOCK 2, LOT 8-10, ACRES .5389
Census Tract700100
Assessed Land Value$137,560
Assessed Improvement Value$269,090
Assessment Year2025

About this property

This large home has a split floor plan that allows for privacy and offers the potential for combined living (multi-gen, roommates, etc).The large brick home sits on an over-sized corner lot in the city limits of Cleveland. It has a total of 4 bedrooms and 3 1/2 baths. It also has two living rooms and two dining rooms. There are two front entrances as well as two back doors. The north side front entrance under the carport leads into the converted garage, which is now a large family room with a wood burning fireplace. On this side of the home there is also a primary suite with full bath, a separate half bath and a laundry room. The kitchen, two dining rooms, and second living room are located in the center of the home. On the south side of the home, there is a second primary suite with full bath, a full guest bath, & two additional bedrooms. You will not lack for space in this home! Come take a look!

Investor Tools

Property Icon
$406,650
Estimated Property Value
$199,000Estimated Mortgage Balance
$224,583Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,440 /month
Positive
Cash Flow Estimate:
$813 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$943/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,278
$406,650
2025
$137,560
$269,090
$406,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,278
$406,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$199,000
No
First
Nov 20, 2021
Dec 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,067
$224,583
55%
45%
$1,194/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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217 S Cleveland Ave | Property Details | No Agent List