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$191,060

761 Road 3802, Cleveland, TX, 77328

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.64 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesElectric Oven, Electric Range
FlooringLaminate

Exterior

Lot Size1.62 acres

Building Information

Year Built2000
Stories1
Roof Type105

Land Information

APNR131232
Lot Number20
SubdivisionFive Oak Estates
Land UseResidential
Legal DescriptionFIVE OAK ESTATES, BLOCK 3, LOT 20, ACRES 1.618
Census Tract700100
Assessed Land Value$78,990
Assessed Improvement Value$112,070
Assessment Year2025

About this property

This charming property is nestled on 1.618 acres of land, offering an ideal setting for tranquil rural living. The cozy small residence features a generous bathroom and two expansive bedrooms, complemented by three covered porches that provide a delightful atmosphere to enjoy the natural surroundings. Furthermore, the property includes a substantial shed for added storage convenience. The buyer will need to arrange for a new land survey. Ensure you seize the opportunity to own this exquisite piece of real estate!

Investor Tools

Property Icon
$191,060
Estimated Property Value
$186,558Estimated Mortgage Balance
$11,497Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,899
$191,060
2025
$78,990
$112,070
$191,060
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,899
$191,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Fha
$186,558
Yes
First
Apr 25, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,563
$11,497
6%
94%
$1,119/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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761 Road 3802 | Property Details | No Agent List