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$163,000

NAL Estimated Property Value

111 Road 5212, Cleveland, TX, 77327

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

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
Garage AvailableGarage Available
AppliancesDisposal, Dishwasher

Building Information

Year Built2020
Garage Spaces5

Land Information

APNM251978
Lot Number2236
Land UseResidential
Legal DescriptionMOBILE HOME ON SANTA FE, SEC 2, BLOCK 14, LOT 2236, LABEL# NTA1966015 / NTA1966016 SANTA FE, SEC 2, BLOCK 14, LOT 2236
Census Tract700302
Assessed Improvement Value$125,750
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
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% 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
$244/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,119
$125,750
2025
N/A
$125,750
$125,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,119
$125,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$146,000
100%
0%
$0/mo

City: Cleveland

111 Road 5212 | Property Details | No Agent List