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$293,100

NAL Estimated Property Value

40121 Spyglass Hill Drive, Cleveland, TX, 77327

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.48 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,451 sqft

Building Information

Year Built2025
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR251545
Lot Number12
SubdivisionGrand Oaks Reserve, Sec 5
Land UseResidential
Legal DescriptionGRAND OAKS RESERVE, SEC 5, BLOCK 2, LOT 12, ACRES .194
Census Tract700200
Assessed Land Value$38,030
Assessed Improvement Value$255,070
Assessment Year2025

About this property

Amazing 5 bedroom 3 and half bath home on the Golf Course. This gorgeous brick and stone home sits on a prime 65 ft front Golf Course lot in Grand Oaks Reserve. The kitchen feature white shaker style cabinetry with granite countertops and a white subway tile backsplash. Ceramic tile flooring in all living areas downstairs. Spacious downstairs primary bedroom has spa-like primary bath and an oversized walk-in closet. Plenty of storage in this floor plan. Come see the quality and comfort Adams Homes has to offer.

Investor Tools

Property Icon
$293,100
Estimated Property Value
$242,539Estimated Mortgage Balance
$50,561Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,009 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$861
$293,100
2025
$38,030
$255,070
$293,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$861
$293,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$251,175
No
First
Jun 13, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,539
$50,561
17%
83%
$1,506/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cleveland

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40121 Spyglass Hill Drive | Property Details | No Agent List