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$300,000

350 Major Road, Cleveland, TX, 77328

On MarketInfo
Beds2 Beds
Baths— Bath
Baths650 Sq Ft

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms —Bathrooms —

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

Interested in this property?

Brock Duncan

Ignite Real Estate Group

ContactContact

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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%

City: Cleveland

350 Major Road | Property Details | No Agent List