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$205,000

NAL Estimated Property Value

305 Dunnam Avenue, Cleveland, TX, 77327

$240,511 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$78.23 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Range, Gas Range, Dryer, Oven, Refrigerator, Washer
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size13,499 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APNR47252
Lot Number12
SubdivisionDunnam, Sec 1
Land UseResidential
Legal DescriptionDUNNAM, SEC 1, BLOCK 7, LOT 12, PT 13, ACRES .3099
Census Tract700100
Assessed Land Value$46,440
Assessed Improvement Value$158,560
Assessment Year2025

About this property

Here is a wonderful 1940 classic starter home with GREAT bones!! One of the largest lots in down town Cleveland. This cozy home is conveniently close to all the amenities of life. It has been lovingly maintained and cared for over the years. From the beautiful landscaping to the spacious interior and generous rooms. Imagine yourself as the next caretaker of this charming home, evoking the style and quality of a bygone era.You are buying a lifestyle, not just a home. The home has 2 Spacious bedrooms,2 full baths and 2 bonus rooms that could easily be turned into a bedroom, office or family room. There is a screened in back porch to enjoy those quiet moments of life. The windows on the west side of the house have special solar screens to block out the suns heat. A beautiful back yard that is partially fenced. Also, the wood burning fireplace in the den will make the winter time much more enjoyable and comfy. There are so many possibilities in this home. Make your appointment TODAY !!!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$169,570Estimated Mortgage Balance
$35,430Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$240,511
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$480/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,729
$205,000
2025
$46,440
$158,560
$205,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,729
$205,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$181,649
Yes
First
Oct 17, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,570
$35,430
17%
83%
$1,090/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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305 Dunnam Avenue | Property Details | No Agent List