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$389,000

368 County Road 2222, Cleveland, TX, 77327

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$248.09 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.03 acres

Building Information

Year Built1982
Stories1
Roof Type112
Garage Spaces4

Land Information

APNR10930
SubdivisionE K Davis
Land UseResidential
Legal Description000017 E K DAVIS, TRACT 138, ACRES 2.0345
Census Tract700500
Assessed Land Value$66,980
Assessed Improvement Value$304,380
Assessment Year2025

About this property

Rare opportunity on 2.03 UNRESTRICTED, fully fenced acres in Cleveland! This versatile property features a 3 bed/2bath main home with an open floor plan, spacious living room, and kitchen offering granite counters, subway tile backsplash, farmhouse sink, stainless steel appliances, and abundant cabinetry. Enjoy watching wildlife on large front & back covered porches! Recent updates include: exterior paint, LVP flooring throughout, 2025 water heater, 2025 water well/septic, and spray foam insulation under the home and in the attic. Impressive concrete barn with carport, 2 stalls, tack room, electricity, 2 oversized access doors, and ample storage/workspace. Detached guest house includes a covered porch, bedroom/living area, full kitchen & full bath—ideal for guests, rental income, or multigenerational living. Endless possibilities with room for livestock, hobbies, or a home-based business! Low taxes and surrounded in mature trees, bring your horses and enjoy peaceful country living!

Investor Tools

$254,949Estimated Mortgage Balance
$117,389Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

Interested in this property?

Michelle Newman

PRG, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,744
$371,360
2025
$66,980
$304,380
$371,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,744
$371,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$280,250
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$254,949
$116,411
31%
69%
$1,681/mo

City: Cleveland