1413 Truman St Unit 1415 Cleveland, TX 77327
Estimated payment $1,771/month
Highlights
- Central Heating and Cooling System
- Carpet
- 1-Story Property
- Wood Siding
About This Home
Investment opportunity in the growing community of Cleveland, TX 77327—a portfolio of five fully-occupied duplexes offering cash flow and long-term appreciation potential. Each duplex features two spacious 2-bedroom, 1-bath units, with approximately 900 square feet per side and a total of +/-1,800 square feet per building. That’s 10 income-producing units across the portfolio, all currently leased and generating steady rental income. These properties sit on individual lots and are ideal for investors looking to expand their portfolio, execute a 1031 exchange, or secure passive income in a strong rental market. Located in a high-demand area with ongoing development, this offering represents a turnkey solution for both new and seasoned investors seeking stability, scale, and growth in Texas real estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,540
Year Built
- Built in 1978
Home Design
- Duplex
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
- Carpet
Parking
- 1 Parking Space
- Carport
Schools
- Eastside Elementary School
- Cleveland Middle School
- Cleveland High School
Additional Features
- 7,501 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 2 Units
- Glen Park Clev Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,540 | $186,990 | $30,770 | $156,220 |
| 2022 | $4,292 | $178,330 | $26,070 | $152,260 |
| 2021 | $3,447 | $134,430 | $14,030 | $120,400 |
| 2020 | $3,429 | $127,290 | $12,380 | $114,910 |
| 2019 | $2,642 | $95,580 | $8,250 | $87,330 |
| 2018 | $2,548 | $92,200 | $7,430 | $84,770 |
| 2017 | $2,426 | $88,900 | $6,600 | $82,300 |
| 2016 | $2,256 | $82,670 | $6,190 | $76,480 |
| 2015 | -- | $75,340 | $6,190 | $69,150 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $250,000 | -- | $139 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,600 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $80,000 | No Value Available | |
| Closed | $74,400 | No Value Available |
Source: Houston Association of REALTORS®
MLS Number: 5401197
APN: 004640-000061-115
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