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$53,000

117 Road 5888, Cleveland, TX, 77327

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9,583 sqft

Land Information

APNR265261
Lot Number978
SubdivisionSanta Fe, Sec 12
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 12, BLOCK 16, LOT 978, ACRES .22
Census Tract700302
Assessed Land Value$40,250
Assessment Year2025

About this property

Cleared and spacious lot ready for your next project! Whether you're looking to build your dream home, develop an investment property, or secure land in a growing area, this lot offers endless possibilities. Located in the expanding Santa Fe community of Cleveland, you'll enjoy convenient access to SH 99 (Grand Parkway), Highway 59/I-69, shopping, dining, schools, and other everyday amenities. As the area continues to grow, this property presents an excellent opportunity for both homeowners and investors alike. Don't miss your chance to own a piece of one of Cleveland's rapidly developing communities!

Investor Tools

$36,505Estimated Mortgage Balance
$11,495Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$318 /month
Positive
Cash Flow Estimate:
$106 /month

Interested in this property?

Bridgett Badillo

Coldwell Banker Universal

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$742
$40,250
2025
$40,250
N/A
$40,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$742
$40,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$39,900
No
First
Jan 15, 2022
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$36,505
$11,495
23%
76%
$240/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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117 Road 5888 | Property Details | No Agent List