706 Lyle Ave W Unit 708 Cleveland, TX 77327
Estimated payment $1,747/month
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
- $5,046
Year Built
- Built in 1980
Parking
- Carport
Home Design
- Duplex
- Composition Roof
Interior Spaces
- 1,800 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Eastside Elementary School
- Cleveland Middle School
- Cleveland High School
Additional Features
- 10,872 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 |
|---|---|---|---|---|
| 2025 | $5,046 | $218,370 | $40,990 | $177,380 |
| 2024 | $5,046 | $222,890 | $40,990 | $181,900 |
| 2023 | $5,046 | $203,250 | $35,770 | $167,480 |
| 2022 | $4,685 | $194,680 | $31,100 | $163,580 |
| 2021 | $3,804 | $148,360 | $18,480 | $129,880 |
| 2020 | $3,785 | $140,490 | $16,310 | $124,180 |
| 2019 | $2,811 | $101,710 | $10,870 | $90,840 |
| 2018 | $2,645 | $95,710 | $9,790 | $85,920 |
| 2017 | $2,514 | $92,120 | $8,700 | $83,420 |
| 2016 | $2,333 | $85,490 | $8,150 | $77,340 |
| 2015 | -- | $78,090 | $8,150 | $69,940 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | For Sale | $250,000 | -- | $139 / Sq Ft |
Source: Houston Association of REALTORS®
MLS Number: 15286955
APN: 004640-000061-117
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Copyright 2025, Houston REALTORS® Information Service, Inc.
The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
- 1413 Truman St Unit 1415
- 1409 Truman St Unit 1411
- 1105 Lyle Ave W
- 710 Lyle Ave W Unit 712
- 1401 Truman St Unit 1403
- 700 Lyle Ave W Unit B
- 815 Jefferson
- 815 Lyle Ave W Unit A
- 803 Jefferson Ave
- 805 Jefferson Ave
- 807 Jefferson Ave
- 809 Jefferson Ave
- 811 Jefferson Ave
- 1301 Truman St
- 407 Tanner Ave
- 604 Jefferson Ave
- 810 Parkhurst Ave
- 613 Shell Ave
- 901 Jefferson Ave
- 0 Duncan Ave
- 702 Lyle Ave W Unit B
- 700 Lyle Ave W Unit B
- 806 Jefferson Ave Unit 806 C
- 806, 808 810 Jefferson Ave
- 815 Lyle Ave W Unit C
- 304 Tanner Ave
- 808 Charles Barker Ave
- 1000 Maple Ave
- 1103 Parkhurst Ave Unit A
- 120 Charles Barker Ave Unit 12
- 120 Charles Barker Ave Unit 14
- 63 CR 3893 E
- 849 Road 5027
- 5053 5835 Dr
- 6141 Road 5503
- 675 5604 Corner
- 65 County Road 51030
- 611 Foxmeadow Ln
- 503 Park Ln Unit 4
- 519 S College Ave