Last 24 Hours
$100,000
120 County Road 2870, Cleveland, TX, 77327
On Market
Just Added
— Beds
1 Bath
814 Sq Ft
Built in 1965Property Lead Type:
Deal ListAbsentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms —
Bathrooms Full 1
Garage Available
Heating OtherExterior
Lot Size8,102 sqft
Building Information
Year Built1965
Stories1
Roof Type105
Garage Spaces4
Land Information
APNR51462
Lot Number1
SubdivisionHorseshoe Lakes
Land UseResidential
Legal DescriptionHORSESHOE LAKES, LOT 1, SEC 10, ACRES .186
Census Tract700600
Assessed Land Value$7,290
Assessed Improvement Value$97,480
Assessment Year2026
About this property
Sitting right on Horseshoe Lake, this 1.181 acre property gives you all the room, privacy, and peaceful waterfront views you could ask for. The property is already set up for outdoor living with a long covered back patio, lakeside decks, a detached metal car awning, a storage shed, and a treehouse. The existing home is ready for a full overhaul or a complete tear-down. Either way, it’s a blank canvas where you can restore what’s there or start fresh. With no HOA the options here are wide open. Selling AS-IS for land value!
Investor Tools
$0Estimated Mortgage Balance
$461,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,766 /month
Positive
Cash Flow Estimate:
$922 /month
Interested in this property?
ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$986
$104,770
2026
$7,290
$97,480
$104,770
No
Tax History
Year
Tax Paid
Assessed Value
2024
$986
$104,770
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$461,000
100%
0%
$0/mo
12.4%