Last 24 Hours
$119,000
NAL Estimated Property Value355 Sourlake Circle, Cleveland, TX, 77327
Off Market
— Beds
— Bath
272 Sq FtHighlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size18,165 sqft
Building Information
Year Built2020
Land Information
APNR43187
Lot Number374,375
SubdivisionCypress Lakes
Land UseResidential
Legal DescriptionCYPRESS LAKES, BLOCK 11, UNIT 10, LOT 374 375, ACRES .417
Census Tract700500
Assessed Land Value$49,000
Assessed Improvement Value$28,800
Assessment Year2025
About this property
Two Great Waterfront Lots in The Preserve of Texas aka Cypress Lakes being sold together. Place a park model home, build a cabin, or bring your RV to this beautiful lot. All set up and ready to go! Water, Electric, Sewer, Driveway, Pad for Cabin or RV, Porch, Partially fenced, and Storage building!! Make this your weekend retreat! The Preserve of Texas has Amenities such as fishing lakes, access to the Trinity River, beach, picnic, park areas, splash pad, and pools. Motivated Seller!
Investor Tools
$119,000
Estimated Property Value
$0Estimated Mortgage Balance
$119,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$714 /month
Positive
Cash Flow Estimate:
$238 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$76/month
$686/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$322
$77,800
2025
$49,000
$28,800
$77,800
No
Tax History
Year
Tax Paid
Assessed Value
2024
$322
$77,800
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$119,000
100%
0%
$0/mo
12.4%