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$270,000

NAL Estimated Property Value

51 County Road 2234 2, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,508 Sq Ft
price_per_sqft$152.52 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.25Bathrooms Full 2.25
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built2001
Stories1
Roof Type105

Land Information

APNR142281
SubdivisionM Donaho
Land UseResidential
Legal Description000025 M DONAHO, TRACT 326, ACRES 1.0
Census Tract700400
Assessed Land Value$57,000
Assessed Improvement Value$191,100
Assessment Year2025

About this property

DON'T LOOK ANY FURTHER—this adorable 3-bed, 2-bath home will be gone before you know it! Situated on a full, unrestricted acre, this property offers the perfect blend of country living and modern convenience. Why you’ll love it: Massive Lot: Plenty of room to roam with huge front and back yards. Outdoor Living: Open-air metal carport, perfect for parking, grilling, and hosting BBQs. Pet-Ready: Fully fenced back yard for your furry friends. Interior Details: Spacious, open feel with vaulted ceilings. Location: True East Texas feel with shaded pine trees, located in the desirable Tarkington Prairie area. Commuter Friendly: Easy access to Hwy 321 for a quick drive to Dayton or Cleveland. Escape the city hustle without sacrificing convenience. Don't miss this incredible opportunity!

Investor Tools

Property Icon
$270,000
Estimated Property Value
$30,909Estimated Mortgage Balance
$239,091Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,125
$248,100
2025
$57,000
$191,100
$248,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,125
$248,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Unknown
$100,000
No
First
Sep 26, 2014
Sep 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,909
$239,091
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
7.7%

City: Cleveland