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$366,000

450 Major Road, Cleveland, TX, 77328

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,046 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.69 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesGas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringLaminate

Exterior

Lot Size1.18 acres

Building Information

Year Built1970
Garage Spaces1

Land Information

APN40297
SubdivisionVital Flores
Land UseResidential
Legal DescriptionA014 VITAL FLORES, TRACT 104.9, ACRES 1.178
Census Tract200107
Assessed Land Value$42,880
Assessed Improvement Value$249,640
Assessment Year2025

About this property

BACK ON THE MARKET AT NO FAULT OF ITS OWN! Nestled in the heart of San Jacinto County, this home has stunning views. This newly remodeled 3/2 with a bonus room features a renovated kitchen, fresh paint throughout, new receptacles and covers, etc. The bonus room has the potential to add an additional bath / storage. Imagine sitting on the front porch listening to the serene noises of the birds chirping in the distance. Bring your RV and hook it up using the outside RV connections available. An additional 4-5 acres is available for purchase for an additional amount. This home is constructed with 2x6 walls. The roof was replaced one year ago and has a 30-year manufacturer's warranty. Not to mention the decking is 5/8" thick. Don't miss out on this opportunity to own your own piece of country living at its finest. With an acceptable offer, the seller would consider buying down the rate by 2 points.

Investor Tools

Property Icon
$366,000
Estimated Property Value
$0Estimated Mortgage Balance
$260,704Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,777
$292,520
2025
$42,880
$249,640
$292,520
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,777
$292,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Countrywide Home Loans Inc
Credit Line (Revolving) / Heloc
$1,120,000
No
First
N/A
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$105,296
$260,704
71%
29%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$720/mo
+$587/mo
4.3%

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.

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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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450 Major Road | Property Details | No Agent List