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$350,000

NAL Estimated Property Value

5323 Forest Dr, Cleveland, TX, 77328

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,645 Sq Ft
price_per_sqft$106.32 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyOff-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating ElectricHeating Electric
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size1 acre

Building Information

Year Built1982
Stories1
Roof Type105

Land Information

APN0584-00-00263
Lot Number15-B
SubdivisionVotaw Elijah
Land UseResidential
Legal DescriptionA0584 - VOTAW ELIJAH, TRACT 2 LOT 15-B, ACRES 1
Census Tract694002
Assessed Land Value$50,000
Assessed Improvement Value$125,147
Assessment Year2025

About this property

RARE FIND!!! CUTE ONE STORY WOOD FRAME HOME ON 1 ACRE. FENCED WITH GATED ENTRENCE. FEATURES: SPLIT FLOOR PLAN, ISLAND KITCHEN WITH GRANITE COUNTER TOPS. FORMAL DINING WITH SEPERATE BREAKFAST ROOM. VAULTED CEILING IN LIVING ROOM WITH SKYLIGHT & WOOD BURNING FIREPLACE. DOUBLE SINKS & MASTER HAS WALK IN CLOSET. LARGE UTILITY ROOM. FRENCH DOORS OPEN ONTO THE SIDE DECK & OVERLOOK THE BACK PROPERTY. NO DEED RESTRICTIONS. NO HOA.

Investor Tools

Property Icon
$350,000
Estimated Property Value
$167,460Estimated Mortgage Balance
$182,540Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,569
$175,147
2025
$50,000
$125,147
$175,147
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,569
$175,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dugood Fcu
Unknown
$169,945
No
First
Jul 18, 2025
Jul 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,460
$203,540
54%
48%
$1,019/mo

City: Cleveland

5323 Forest Dr | Property Details | No Agent List