$239,900
9961 Spring Creek Road, Cleveland, TX, 77327
On Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
Exterior
Lot Size5,998 sqft
Building Information
Year Built2022
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR268231
Lot Number15
SubdivisionGrand Oaks Reserve, Sec 7
Land UseResidential
Legal DescriptionGRAND OAKS RESERVE, SEC 7, BLOCK 1, LOT 15, ACRES .1377
Census Tract700200
Assessed Land Value$27,000
Assessed Improvement Value$205,240
Assessment Year2025
About this property
Impeccably maintained 3 bed, 2 bath home in Grand Oaks Reserve. Enjoy the peacefulness of no back neighbors and proximity to local parks. Just minutes from downtown Cleveland, this property offers the perfect blend of country tranquility and city convenience. Nearby dining and schools make this the ideal location for families looking to settle in a thriving community. Valley Ranch Town Center is minutes away for additional dining, entertainment and shopping.
Investor Tools
$219,973Estimated Mortgage Balance
$18,027Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$595/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,955
$232,240
2025
$27,000
$205,240
$232,240
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,955
$232,240
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendlo Mortgage Llc
Fha
$235,642
Yes
First
Nov 30, 2022
Dec 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,973
$18,027
7%
92%
$1,413/mo
