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Days57Days on Market
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$700,000

774 County Road 3542, Cleveland, TX, 77327

On MarketInfo
CommercialInfo
Beds2 Beds
Baths2 Bath
Baths3,840 Sq Ft
Multi FamilyMulti Family
price_per_sqft$182.29 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size19,602 sqft

Building Information

Year Built2022
Stories2
Roof Type105

Land Information

APNR196999
Lot Number425
SubdivisionGrand San Jacinto, Sec 2
Land UseResidential
Legal DescriptionGRAND SAN JACINTO, SEC 2, BLOCK 13, LOT 425, ACRES .45
Census Tract700302
Assessed Land Value$57,360
Assessed Improvement Value$309,670
Assessment Year2025

About this property

Fourplex Apartment Building – Prime Investment Opportunity! This well-maintained, fully-occupied fourplex offers immediate rental income with no vacancy concerns. The building consists of 2 spacious 2-bedroom, 2-bathroom units and 2 cozy 1- bedroom, 1-bathroom units, providing a diverse mix of rental options for tenants. Located in a desirable neighborhood, this property is perfect for investors looking to start collecting rent immediately. With all units currently leased and tenants in place, this fourplex is generating steady cash flow, making it a turnkey investment. Interested buyers are encouraged to schedule a showing ASAP as opportunities like this don’t last long in today’s market. Don’t miss out on the chance to add this income generating property to your portfolio!, showings will be scheduled only with accepted offer, motivated seller.

Investor Tools

$55,362Estimated Mortgage Balance
$588,752Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,200 /month
Positive
Cash Flow Estimate:
$1,400 /month

Interested in this property?

Juan Hernandez

Texas Premier Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,217
$340,460
2025
$57,360
$309,670
$367,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,217
$340,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$62,570
No
First
Jun 16, 2020
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,362
$588,638
91%
9%
$376/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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774 County Road 3542 | Property Details | No Agent List