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$322,000

NAL Estimated Property Value

111 Road 5122, Cleveland, TX, 77327

Off MarketInfo
CommercialInfo
Beds4 Beds
Baths2 Bath
Baths1,800 Sq Ft
Multi FamilyMulti Family
price_per_sqft$194.44 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size21,344 sqft

Building Information

Year Built2025
Stories1
Roof Type105

Land Information

APNR229781
Lot Number839
SubdivisionSanta Fe, Sec 1
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 1, BLOCK 7, LOT 839, ACRES .49
Census Tract700302
Assessed Land Value$67,680
Assessed Improvement Value$161,170
Assessment Year2025

About this property

This newly constructed dual-unit property epitomizes modern luxury and offers versatile living arrangements while also keeping investment potential at top of mind. Each unit is meticulously designed with high-end finishes including granite countertops, stainless steel appliances, expansive walk-in closets, and large walk-in showers. This property's unique design allows for flexibility such as an owner residing in one unit while leasing the other or, alternatively, the building is designed to accommodate a connecting doorway between the two units, transforming it into a single-family residence. The property also includes four RV hookups, presenting an excellent opportunity for additional rental income. Adjacent half-acre lot is available for purchase at a competitive price, offering the potential to develop further, enhancing the property's value and appeal. Contact today to schedule a private tour and explore the endless possibilities this exceptional property has to offer!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$68,824Estimated Mortgage Balance
$253,176Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,248
$228,850
2025
$67,680
$161,170
$228,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,248
$228,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$71,160
No
First
Jul 15, 2024
Jul 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,824
$253,176
78%
21%
$427/mo

City: Cleveland

111 Road 5122 | Property Details | No Agent List