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$240,000

409 Dunnam Ave, Cleveland, TX, 77327

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,762 Sq Ft
price_per_sqft$136.21 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Electric Oven, Freestanding Oven, Microwave, Electric Range, Free-Standing Range

Exterior

Private PoolPrivate Pool
Lot Size10,149 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR58123
Lot Number13,14
SubdivisionMagnolia Park
Land UseResidential
Legal DescriptionMAGNOLIA PARK, BLOCK 1, LOT 13 TR 1, LOT 14, ACRES .233
Census Tract700100
Assessed Land Value$39,170
Assessed Improvement Value$176,030
Assessment Year2025

About this property

WELCOME HOME!!! This 3 bedroom/2 bath in the heart of downtown Cleveland! With endless possibilities & all the fun & entertainment a family could have! With the amazing 700 sq ft covered patio equipped for entertaining, grilling, ballgame watching & family gatherings. Or just relaxing for the evening in the hot tub. The incredible playground that is any kids dream! Six slides, swings & trampoline for the young ones. And golfing or cornhole for the young at heart! Spacious bedrooms, family room & kitchen. 23'x30' garage/shop that is a/c climate controlled with new automatic doors & remote. A game/guest room/fourth bedroom located above the garage. It also has a 12'x32' building, great for a home/business office or even a SHE shed on its own meter, power pole & water with a mini-split a/c unit. Located within walking distance of food & shopping, 20 min from dining & shopping in Valley Ranch, 35 min to Lake Livingston or Conroe & 45 min to downtown Houston!

Investor Tools

$103,299Estimated Mortgage Balance
$111,901Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,646
$215,200
2025
$39,170
$176,030
$215,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,646
$215,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$117,724
No
First
May 21, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,299
$111,901
51%
48%
$706/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$706/mo
+$1,016/mo
9.6%

City: Cleveland

409 Dunnam Ave | Property Details | No Agent List