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$199,500

397 County Road 2117, Cleveland, TX, 77327

$259,350 ARVInfo
On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,400 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.5 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating OtherHeating Other
AppliancesGas Oven, Gas Range
FlooringTile, Vinyl, Wood

Exterior

Lot Size4.19 acres

Building Information

Year Built2009
Stories1
Roof Type112

Land Information

APNR107387
SubdivisionI Fields
Land UseResidential
Legal Description000035 I FIELDS, TRACT 155, ACRES 4.193
Census Tract700600
Assessed Land Value$110,590
Assessed Improvement Value$166,020
Assessment Year2025

About this property

Situated on 4+ acres, this 2 bed 2 bath home boasts recent flooring and an open-concept layout for seamless living. The oversized primary bedroom features a lavish en Suite bath, while the expansive front porch offers potential with a bit of TLC. Built in 2009, this property includes a pole barn and is not a mobile or manufactured home. Enjoy the serenity of unrestricted living in this charming retreat.

Investor Tools

$289,568Estimated Mortgage Balance
$276,610Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$259,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,660 /month
Positive
Cash Flow Estimate:
$553 /month

Interested in this property?

Maria Navejas

Grand Terra Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,732
$276,610
2025
$110,590
$166,020
$276,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,732
$276,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Unknown
$152,950
No
First
Jun 9, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,568
N/A
0%
105%
$1,836/mo

City: Cleveland