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$309,020

NAL Estimated Property Value

5347 Fm 787 Rd W, Cleveland, TX, 77327

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.6 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl, Wood

Exterior

Lot Size1.21 acres

Building Information

Year Built1998
Stories1
Roof Type112
Garage Spaces3

Land Information

APNR143713
SubdivisionJ F Derumayor
Land UseResidential
Legal Description000103 J F DERUMAYOR, TRACT 458, ACRES 1.205
Census Tract700600
Assessed Land Value$51,300
Assessed Improvement Value$257,720
Assessment Year2025

About this property

Welcome home to the ultimate quiet, country retreat. This 1500sf home has been tastefully updated and well kept, and has an expansive deck that spans 3 sides. Each room is light and bright with new fixtures, and the living area has plenty of room for all. Kitchen features granite countertops, gas cooktop, built in oven, and an abundance of cabinet space. The secondary bathroom has been completely redone and features quartz countertops, a farmhouse sink, and custom shelving. The oversized primary has an updated ensuite with granite countertops and plenty of storage. An oversized two car garage has room for parking and storage/work areas. Enjoy peaceful, quiet living with over an acre of room for all your hobbies. This is the place to call yours.

Investor Tools

Property Icon
$309,020
Estimated Property Value
$191,873Estimated Mortgage Balance
$117,147Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,230
$309,020
2025
$51,300
$257,720
$309,020
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,230
$309,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Mortgage Inc
Unknown
$200,000
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,873
$117,147
37%
62%
$1,200/mo

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.

Explore Texas Explore This Area
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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5347 Fm 787 Rd W | Property Details | No Agent List