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$210,000

1224 Road 5802, Cleveland, TX, 77327

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.25 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.25Bathrooms Full 3.25
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,841 sqft

Building Information

Year Built2024
Stories1
Roof Type105

Land Information

APNR257266
Lot Number7877
SubdivisionSanta Fe, Sec 9
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 9, BLOCK 158, LOT 7877, ACRES .18
Census Tract700302
Assessed Land Value$35,730
Assessed Improvement Value$143,900
Assessment Year2025

About this property

Great Opportunity for investors or buyers looking to finish a project and add value. This unfinished home is located in a quiet neighborhood and is sold AS-IS. It offers a spacious open concept layout. Situated on a generous lot with plenty of room for outdoor living or future improvement, this property is ready for your vision. Complete the bathrooms and the remaining work outside and transform it into a beautiful primary residence or rental property. New school coming soon, gas station nearby and grocery store. Bring your contractors and your imagination, this property has a tremendous potential for the right buyer.

Investor Tools

$41,016Estimated Mortgage Balance
$168,984Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Karina Mazariegos

Realty Of America, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$142/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$659
$179,630
2025
$35,730
$143,900
$179,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$659
$179,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$44,580
No
First
May 31, 2022
Jun 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,016
$168,984
80%
20%
$268/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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