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$274,999

1248 Road 5802, Cleveland, TX, 77327

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.95 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesDisposal, Dryer Included, Washer Included, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringLaminate

Exterior

Lot Size7,841 sqft

Building Information

Garage Spaces2

Land Information

APNR257260
Lot Number7871
SubdivisionSanta Fe, Sec 9
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 9, BLOCK 158, LOT 7871, ACRES 0.1800
Census Tract700302
Assessed Land Value$35,730
Assessment Year2025

About this property

Beautiful new construction home with 4 bedrooms and 12-foot ceilings throughout, giving the home a very open and spacious feel. The open-concept layout connects the living area, dining space, and kitchen, making it perfect for everyday living and entertaining. The kitchen features quartz countertops, a quartz island, and stainless-steel appliances. Washer and dryer are included. Vinyl flooring runs throughout the home for easy maintenance and a clean modern look. The primary bedroom offers a spacious bathroom with a walk-in shower. One of the bedrooms includes a private en-suite bathroom, great for guests or extended family. The entryway features a beautiful chandelier that adds a nice touch as soon as you walk in. Outside, enjoy a covered patio and a stylish exterior with three sides brick and a stone-and-brick front elevation. This home is move-in ready and designed for comfort and functionality

Investor Tools

$42,372Estimated Mortgage Balance
$244,628Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$662
$35,730
2025
$35,730
N/A
$35,730
No

Tax History

Year
Tax Paid
Assessed Value
2025
$662
$35,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$43,740
No
First
Nov 4, 2024
Nov 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$42,372
$244,628
85%
15%
$263/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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1248 Road 5802 | Property Details | No Agent List