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Days636Days on Market
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$815,000

8 Smith Loop S, Cleveland, TX, 77327

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,301 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$354.19 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size38,420 sqft

Building Information

Year Built2009
Stories1
Roof Type105

Land Information

APNR153323
Lot Number8
SubdivisionArtesian Lakes
Land UseResidential
Legal DescriptionARTESIAN LAKES, LOT 8, SEC 2, ACRES .882
Census Tract700600
Assessed Land Value$61,330
Assessed Improvement Value$442,450
Assessment Year2025

About this property

Experience the perfect blend of luxury lakeside living and modern convenience at 8 Smith Loop S. This meticulously maintained, fully furnished home offers 2,301 sq ft of well-designed space with 3 bedrooms and 3 full bathrooms on approximately two acres. The interior seamlessly connects to a sunlit deck and patio, ideal for hosting gatherings. The private community with controlled gated access features amenities such as a pool, walking trails, Fitness center Boat house with a party room and pickleball courts..Just an hour from Houston, this property provides both tranquility and accessibility. Whether a full-time residence or weekend getaway, this home ensures a lifestyle of comfort and elegance. COULD BE USED AS AN AIRBNB WHEN YOUR FAMILY IS NOT ENJOYING THE HOME.

Investor Tools

$174,994Estimated Mortgage Balance
$497,052Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,890 /month
Positive
Cash Flow Estimate:
$1,630 /month

Interested in this property?

James Smith

Charlotte Gilpin, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
$3,180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,646
$503,780
2025
$61,330
$442,450
$503,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,646
$503,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bessie Wilhelm
Purchase Money Mortgage
$195,000
No
First
Jan 5, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,994
$328,786
65%
26%
$1,170/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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8 Smith Loop S | Property Details | No Agent List