$323,000
NAL Estimated Property Value588 County Road 2307, Cleveland, TX, 77327
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile
Exterior
Lot Size4.32 acres
Building Information
Year Built1970
Stories1
Roof Type105
Garage Spaces1
Land Information
APNR35607
Lot Number17-A
SubdivisionBrookwood
Land UseResidential
Legal DescriptionBROOKWOOD, LOT 17-A, ACRES 4.32
Census Tract700400
Assessed Land Value$119,170
Assessed Improvement Value$133,260
Assessment Year2025
About this property
Welcome home to this recently remodeled 3 bed 2 bath home on just under 1 acre of unrestricted property with a nice shop in back. This home has all 3’ doors, butcher block counters, walk in pantry, and led lighting. Roof is about 2 years old. Remodel added sq ft to home( different than CAD), with all new insulation in walls and all new siding. Inside enjoy the continuous ceramic tile flooring and stainless appliances. Outside added concrete for front porch and large back patio. There was extra concrete behind shop put in to expand shop if you prefer.
Investor Tools
$323,000
Estimated Property Value
$232,126Estimated Mortgage Balance
$90,874Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,200
$252,430
2025
$119,170
$133,260
$252,430
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,200
$252,430
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Loan Star Inc
Credit Line (Revolving) / Heloc
$98,000
No
First
Jun 1, 2012
Jul 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,126
$88,874
27%
72%
$1,668/mo
