$300,000
350 Major Road, Cleveland, TX, 77328
On Market
Highlights
Interior
Exterior
Lot Size10 acres
Building Information
Year Built1970
Land Information
APN40300
SubdivisionVital Flores
Land UseResidential
Legal DescriptionA014 VITAL FLORES, TRACT 105.2, ACRES 10.0
Census Tract200107
Assessed Land Value$170,000
Assessed Improvement Value$1,450
Assessment Year2025
About this property
Discover the potential of this unrestricted 10-acre property located at 350 Major Rd in Cleveland, Texas. This versatile property offers an excellent opportunity for country living, a family compound, investment potential, or future development. The fully fenced property features electricity already in place, two septic systems, city water access, a large powered shop building, additional barn area, and an older water well on-site. The previous homesite provides a great location for a new build, manufactured home, or multiple homesites.
Investor Tools
$0Estimated Mortgage Balance
$201,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$119/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$420
$171,450
2025
$170,000
$1,450
$171,450
No
Tax History
Year
Tax Paid
Assessed Value
2025
$420
$171,450
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$201,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.8%
