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$53,000

121 Road 5888, Cleveland, TX, 77327

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11,761 sqft

Land Information

APNR265258
Lot Number977
SubdivisionSanta Fe, Sec 12
Land UseSmall Vacant Tracts Of Landvacant Lots/Tracts
Legal DescriptionSANTA FE, SEC 12, BLOCK 16, LOT 977, ACRES .27
Census Tract700302
Assessed Land Value$49,310
Assessment Year2025

About this property

Build the future you've been dreaming of on this spacious, cleared lot! Perfect for investors, builders, or buyers ready to create a custom home, this property offers outstanding potential in the growing Santa Fe community of Cleveland. Enjoy convenient access to SH 99 (Grand Parkway), Highway 59/I-69, shopping, dining, schools, and everyday conveniences while still appreciating the space and flexibility the area has to offer. With continued growth throughout the community, this lot is an excellent opportunity to build now or invest for the future. Secure your place in one of Cleveland's fastest-growing areas today!

Investor Tools

$41,080Estimated Mortgage Balance
$8,230Estimated Equity
16% 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

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Bridgett Badillo

Coldwell Banker Universal

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$909
$49,310
2025
$49,310
N/A
$49,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$909
$49,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$44,900
No
First
Jan 15, 2022
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,080
$8,230
16%
83%
$270/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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121 Road 5888 | Property Details | No Agent List