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$269,999

12206 County Road 37497, Cleveland, TX, 77327

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,001 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.93 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDisposal, Refrigerator Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesBack Green Space, Side Yard
Lot Size21,824 sqft

Land Information

APNR243063
Lot Number168
SubdivisionSouthern Crossing, Sec 6
Land UseVacant Land
Legal DescriptionSOUTHERN CROSSING, SEC 6, BLOCK 4, LOT 168, ACRES 0.5010
Census Tract700301
Assessed Land Value$39,050
Assessment Year2025

About this property

Discover the perfect blend of space, style, and southern charm with this stunning new construction home, currently under construction on a sprawling 0.5-acre lot. The thoughtfully designed "Oak" floor plan offers an expansive 4 bedrooms and 2 bathrooms, making it an ideal sanctuary for those who value room to grow. Step inside to the sophisticated interior, elevated by a premium upgrade trim package that includes elegant pendant lighting, ceiling fans, custom blinds, and a stylish backsplash. Located in the serene Southern Crossing community and served by the Cleveland ISD, this home offers the peace of the countryside without sacrificing accessibility. This rare opportunity invites you to enjoy expansive country living without sacrificing contemporary style; please note that interior photos represent a staged model and all construction details should be independently verified.

Investor Tools

$66,471Estimated Mortgage Balance
$230,529Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Nicole Smith

Integrity 1st Realty Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$583
$39,050
2025
$39,050
N/A
$39,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$583
$39,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sc 6 Llc
Purchase Money Mortgage
$69,400
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$66,471
$230,529
77%
22%
$417/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.

Explore Texas Explore This Area
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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12206 County Road 37497 | Property Details | No Agent List