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$330,000

156 Road 5111, Cleveland, TX, 77327

On MarketInfo
Beds7 Beds
Baths3 Bath
Baths2,918 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.09 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile

Exterior

Lot Size19,602 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR229769
Lot Number827
SubdivisionSanta Fe, Sec 1
Land UseResidential
Legal DescriptionSANTA FE, SEC 1, BLOCK 7, LOT 827, ACRES .45
Census Tract700302
Assessed Land Value$63,390
Assessed Improvement Value$278,510
Assessment Year2025

About this property

Spacious Dual-Living Retreat with Open Concept Charm. Welcome to this expansive 7-bedroom, 4-bathroom estate designed with versatility and comfort in mind. Featuring an open-concept layout, the heart of the home boasts sleek tile flooring that flows seamlessly through airy living spaces, creating a modern and cohesive feel throughout. Dual Section Design Perfect for multi-generational living or rental opportunities, the property is uniquely divided into two fully independent sections—each with its own electrical source, dedicated kitchen, and private entrance. Whether you need space for extended family, guests, or investment income, this setup offers flexibility and privacy without compromise. Room sizes are approximate. Generous Accommodation With seven well-appointed bedrooms and four full baths, there's room for everyone to spread out and unwind. Each section is thoughtfully configured for functionality, ensuring comfort and ease for all occupants. SELLER IS MOTIVATED!

Investor Tools

$34,682Estimated Mortgage Balance
$307,294Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,051 /month
Positive
Cash Flow Estimate:
$684 /month

Interested in this property?

Juan Hernandez

Texas Premier Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$618/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,708
$341,900
2025
$63,390
$278,510
$341,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,708
$341,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$40,300
No
First
May 22, 2019
Jun 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,682
$339,318
90%
10%
$242/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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