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A+
NoAgentList RatingHow are grades calculated? Info

$227,470

616 Jefferson Avenue, Cleveland, TX, 77327

$249,566 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths1,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$88.21 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size5,706 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR29641 01
Lot Number22
SubdivisionJoseph Fenner
Land UseDuplexes
Legal Description000441 JOSEPH FENNER, TRACT 220 LT 22, ACRES .131
Census Tract700303
Assessed Land Value$24,250
Assessed Improvement Value$203,220
Assessment Year2024

About this property

Look no further if investing is your middle name or you are new to investing. You are not going to want to miss this beauty! This is an all brick Duplex with new flooring through out both units, new toilets, new fixtures, new paint, new back fencing, new a/c unit in one unit, a/c unit 4 yrs old in the other unit, and the roof is 6 years old. Can you say Turn-Key (fixed up and ready to go), that is exactly what this duplex is. This property comes with tenants in place that are nothing less than awesome, established, and secure. Did I mention this property sits on a corner lot with access to the street for additional parking? Buying these 2 doors will be one of your best investments year to date that you will make, the area is growing and appreciation values are continuously on the rise substantially. Don't take my word for it ask your agent is this true. This brick Duplex property is priced to sell quickly and will not last long so grab your Realtor to come see for yourself.

Investor Tools

Property Icon
$227,470
Estimated Property Value
$0Estimated Mortgage Balance
$227,470Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$249,565
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,365 /month
Positive
Cash Flow Estimate:
$455 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,876
$227,470
2024
$24,250
$203,220
$227,470
No

Tax History

Year
Tax Paid
Assessed Value
2023
$4,876
$227,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$227,470
100%
0%
$0/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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616 Jefferson Avenue | Property Details | No Agent List