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Owner Contacts

$656,150

NAL Estimated Property Value

46 Deer Rdg, Cleveland, TX, 77327

$690,804 ARV

Off Market

3 Beds

4 Bath

2,656 Sq Ft

Single Family Residence

$240.93 / sqft

Built in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 3.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Exterior FeaturesBoat Slip

Lot Size25,265 sqft

Building Information

Year Built2010

Stories2

Roof Type105

Garage Spaces3

Land Information

APNR176838

Lot Number46

SubdivisionArtesian Lakes

Land UseResidential

Legal DescriptionARTESIAN LAKES, LOT 46, SEC 4, ACRES .58

Census Tract700600

Assessed Land Value$158,400

Assessed Improvement Value$497,750

Assessment Year2025

About this property

Welcome to 46 Deer Ridge located in beautiful Artesian Lakes! Artesian Lakes is a nature lovers paradise located in Romayor, about 70 miles from the Houston Galleria. This gorgeous secluded waterfront home is built of cypress and stone with a wall of windows across the back side of the house. The large circular driveway provides ample guest parking and leads to a very inviting front porch. Once in the Foyer you are greeted with an incredible view of the spacious living/dining room, peaceful woods, and the lake beyond. The chef's kitchen offers beautiful cabinetry, ample storage, gorgeous granite counter tops and a large breakfast bar. Additional features include Knotty Alder interior doors, a striking stone fireplace with custom built-ins and a beamed ceiling in the living room. HVAC replaced March 2021. There are too many incredible features to mention here so please enjoy the photos. While the address is Cleveland, it is actually in Romayor, a small town 18 miles NE of Cleveland.

Investor Tools

$656,150

Estimated Property Value

$417,568Estimated Mortgage Balance

$238,582Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$690,803

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,937 /month

Positive

Cash Flow Estimate:

$1,312 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$858/month

$220/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,020

$656,150

2025

$158,400

$497,750

$656,150

Tax History

Year

Tax Paid

Assessed Value

2024

$7,020

$656,150

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Jpmorgan Chase Bank Na

Unknown

$420,000

First

Jan 16, 2026

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$417,568

$238,582

36%

64%

$2,519/mo

Learn About the Market: Opportunity in Texas

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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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