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B+
NoAgentList RatingHow are grades calculated? Info

$195,310

271 Hicks Rd, Cleveland, TX, 77328

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,230 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.34 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Exterior

Lot Size1.05 acres

Building Information

Year Built2007

Land Information

APN91802
Lot Number21
SubdivisionTrails End
Land UseResidential
Legal DescriptionTRAILS END #2, BLOCK 16, LOT 21, ACRES 1.052
Census Tract200106
Assessed Land Value$31,560
Assessed Improvement Value$163,750
Assessment Year2025

About this property

This home surrounded by the freshness of the trees, located on 1,052 acres, open frame porch with wood deck,open space with new flooring throughout the house. It has three bedrooms and two full baths with plenty of space, it also has two extra 17x18 rooms with its own wood deck. A very cozy house, fully fenced with galvanized sheet metal with a gate.

Investor Tools

Property Icon
$195,310
Estimated Property Value
$176,739Estimated Mortgage Balance
$32,400Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,172 /month
Positive
Cash Flow Estimate:
$391 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$594
$195,310
2025
$31,560
$163,750
$195,310
No

Tax History

Year
Tax Paid
Assessed Value
2025
$594
$195,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Bank
Fha
$176,739
Yes
First
Mar 25, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,910
$32,400
16%
83%
$1,060/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,060/mo
+$662/mo
10.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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271 Hicks Rd | Property Details | No Agent List