1409 Truman St #1411, Cleveland, TX, 77327
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
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1980
Materials
- Roof: Composition
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Duplex
Interior
Appliances
- Appliances included: Range
- Laundry features: Washer/Dryer Connections
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Carpet,Vinyl
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Electric
Interior Area
- Total structure area: 1,800
- Total interior livable area: 1,800 sqft
Property
Details
- Parcel number: 004640000061110
Features
- Stories: 1
Lot
- Lot size: 7,840 sqft
- Features: Cleared
Parking
- Parking features: Carport,Two Parking Units
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Tornado
- Cold Wave
- Hurricane
- Heat Wave
- Ice Storm
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,213 | $14,556 |
| Home Insurance * | $201 | $2,412 |
| Property Taxes | $240 | $2,880 |
| Electricity | $238 | $2,859 |
| Total | $1,892 | $22,704 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-13 | Price change | $240,000 |
| 2025-04-30 | Listed for sale | $250,000 |
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