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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

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Cleveland

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111 Road 5122 | Property Details | No Agent List