$416,000
NAL Estimated Property Value346 County Road 2270, Cleveland, TX, 77327
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate
Exterior
Lot Size3 acres
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR20216
SubdivisionJ West
Land UseResidential
Legal Description000116 J WEST, TRACT 188, ACRES 3.0
Census Tract700400
Assessed Land Value$92,000
Assessed Improvement Value$282,180
Assessment Year2025
About this property
Large 1 story solid brick home for sale. This home features 3 bedrooms 2.5 baths. Large formal living with wood burning fireplace, formal dinning room, large kitchen with lots of cabinets & kitchen island, den with wood burning fireplace. Large workshop. Large 3 stall barn with tack room. Home is need of updating. Home was priced upon its current condition. Tax records show inaccurate information. Please see new survey that has been uploaded to public records. Correct land size is 130,681 square feet or 3.00 acres of land.
Investor Tools
$416,000
Estimated Property Value
$213,502Estimated Mortgage Balance
$202,498Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,496 /month
Positive
Cash Flow Estimate:
$832 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,780
$374,180
2025
$92,000
$282,180
$374,180
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,780
$374,180
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Direct Mortgage Llc
Va
$241,300
Yes
First
Jun 19, 2020
Jul 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,502
$202,498
48%
51%
$1,447/mo
