$159,659
●
House -
For Sale
201 Ferguson Drive
Cleveland, TX 77327
3 Beds
2 Baths
1,600 Ft²
$1,009
Est. Monthly
11.67%
Cap Rate
About This Property
WATER FRONT! 201 Ferguson Dr is a unique three-bedroom,
two-bathroom waterfront property that sits on a 16,000 square foot
lot. The home features a spacious layout with vinyl flooring
throughout the main areas. The kitchen has its own designated space
with ample counter, cabinet, and pantry space. The bedrooms have
carpeted flooring and are adequately sized themselves. One of the
staple features of this property are the huge three sliding doors
that open from the living room and lead out to the deck that
overlooks Horseshoe Lake. Just imagine the views in the morning and
the sunsets! The bottom portion of the home can be built out and it
features a new crushed limestone driveway that leads to the carport
and a storage area. WE MAKE IT EASY TO OWN. This is a great
opportunity! Don't wait, call us today to get more information on
the owner's easy terms and smooth process that may be able to put
the deed in your name and make this your dream home.
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$100
Property Type
House
Property Taxes
$224
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (HAR #69804211)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Relisted | $159,659 | |
| Relisted | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$159,659
↓ $8K
(4.8%) | |
| Price Decreased | |||
| Aug 20, 2025 | Listed by 1st Texas Realty Services | $167,659 | |
| Listed by 1st Texas Realty Services | |||
| Feb 7, 2023 | Listed by SWE Homes | $184,999 | |
| Listed by SWE Homes | |||
| | |||
|
Unique 3 bed 2 bath waterfront property sitting on a 16,000 Sq. Ft. lot! Three sliding doors open from the living room onto the deck that overlooks Horseshoe Lake. Imagine the views! The bottom portion of the home can be built out! It features a new crushed limestone driveway that leads to the carport and a storage area. Here you will also have access to all of the amazing amenities at the Preserve including a splash pad, putt-putt course, playground, a huge outdoor pavilion, multiple swimming pools, walking trails, and fishing lakes! Contact us today for more information!
| |||
Show More
Property Highlights
Interior Details
Full Bathrooms: 2
Exterior Details
Square Footage: 1600
Architectural Style: Other
Year Built: 1987
Building Area Total: 1600
Construction Materials: Other
Lot Features: Other, 1/4 Up to 1/2 Acre
Lot Size Area: 0.3181
Lot Size Units: Acres
Lot Size Acres: 0.3181
Lot Size Square Feet: 13856.436
Water Source: Other
Financial Details
Tax Annual Amount: $2,689
Utilities Details
Cooling Type: Other
Heating Type: Other
Sewer : Other
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Liberty
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Listed by: Chet Polniazek, 1st Texas Realty Services
Last Updated: 2 months ago
Data Source: HAR , MLS# 69804211
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Last Updated: 2 months ago
Data Source: HAR , MLS# 69804211
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