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Cleveland TX Investment Opportunity
For Sale
$240,000

706 Lyle West Avenue 708, Cleveland, TX 77327

Portfolio of five fully-occupied duplexes in Cleveland, TX.

Property Size1,800 SF
Price / SF$133.33
Days on Market345

Property Features for 706 Lyle West Avenue 708

General Information

Standard status Active
Size 1,800 SF
Property subtype Multi-Family

Taxes and HOA fees

Annual Taxes $5,046

Amenities

Yes
1
2
Appraiser
10872
Carport
1800

Building Details

Building Size 1,800 SF
Year Built 1980
Stories 1
Listing Agency: Grand Terra Realty
Listed By: Kevin Harberson · License #0743727
Source: Garygreene
Added: Nov 3, 2025 Changed: Oct 13 Last Checked: Oct 12 at 5:54PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Grand Terra Realty

Investment Insights

Based on property information with market context.

This is an investment opportunity located in Cleveland, TX 77327. The portfolio consists of five fully-occupied duplexes, offering cash flow and long-term appreciation potential. Each duplex features two 2-bedroom, 1-bath units. Each side of the duplexes offers approximately 900 square feet, with a total of approximately 1,800 square feet per building. There are 10 income-producing units across the portfolio, all currently leased and generating rental income. These properties are situated on individual lots. This offering represents a turnkey solution for both new and seasoned investors seeking stability, scale, and growth in Texas real estate. The location is in a high-demand area with ongoing development, making it ideal for investors looking to expand their portfolio, execute a 1031 exchange, or secure passive income in a strong rental market.

Key Highlights

  • Portfolio of five fully‑occupied duplexes (10 units) generating steady rental income.
  • Located in the growing community of Cleveland, TX, a high‑demand area with ongoing development.
  • Turnkey investment opportunity ideal for expanding a portfolio, executing a 1031 exchange, or securing passive income.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

526
Businesses Nearby

Demographics for 77327, TX

32,269
Population
12,967
Households
2.5
Avg Household Size
33
Median Age
10%
College-Educated
75%
High-School Grad
339.1 sq mi
ZIP Area
95
Density / Sq Mi
$57,538
Median Household Income
$39,382
Median Earnings
$1,001
Median Rent
$144,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Portfolio of five fully-occupied duplexes in Cleveland, TX.
Where is this duplex located?
The property is located at 706 Lyle West Avenue 708 Cleveland, TX.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Portfolio of five fully‑occupied duplexes (10 units) generating steady rental income.; Located in the growing community of Cleveland, TX, a high‑demand area with ongoing development.; Turnkey investment opportunity ideal for expanding a portfolio, executing a 1031 exchange, or securing passive income.
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