




$125,000
312 Elizabeth St, Cleveland, TX, 77327
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Cleveland
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