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$125,000

312 Elizabeth St, Cleveland, TX, 77327

$162,500 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$48.08 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size6,251 sqft

Building Information

Year Built1985

Land Information

APNR68838
Lot Number6
SubdivisionRobinson Springer-Clev
Land UseResidential
Legal DescriptionROBINSON SPRINGER-CLEV, BLOCK 10, LOT 6, ACRES .1435, MH LABEL# TEX0369888 / TEX0369889
Census Tract700100
Assessed Land Value$48,880
Assessed Improvement Value$64,790
Assessment Year2025

About this property

Investor opportunity with tons of potential! This property includes two lots with two separate structures, offering multiple possibilities for renovation, redevelopment, or investment use. One lot features a former hair salon, while the adjoining lot includes a 4-bedroom manufactured home. Both properties are in need of significant repairs and updating and are being sold in their current condition. Bring your vision and explore the possibilities—renovate the existing structures, repurpose the former salon, or consider future development of the two lots. Great opportunity for an investor, contractor, or buyer looking for a value-add project. Property is being sold AS-IS. Buyer to independently verify property condition, allowable uses, utilities, lot dimensions, and any redevelopment possibilities.

Investor Tools

$0Estimated Mortgage Balance
$186,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,116 /month
Positive
Cash Flow Estimate:
$372 /month

Interested in this property?

Kayla Dawson

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$233/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,871
$113,670
2025
$48,880
$64,790
$113,670
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,871
$113,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$186,000
100%
0%
$0/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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