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Days18Days on Market
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$225,000

$232,500

1561 Road 5708, Cleveland, TX, 77327

On MarketInfo
Price DropInfo
Beds5 Beds
Baths3 Bath
Baths1,600 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.63 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3.5Bathrooms Full 3.5
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,841 sqft

Building Information

Year Built2023
Stories2
Roof Type105

Land Information

APNR250250
Lot Number4376
SubdivisionSanta Fe, Sec 7
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 7, BLOCK 75, LOT 4376, ACRES .18
Census Tract700302
Assessed Land Value$39,300
Assessed Improvement Value$145,650
Assessment Year2025

About this property

Updated and move-in ready, this spacious Fannie Mae Homepath Property has five bedrooms and offers the perfect blend of comfort and functionality! Situated on a desirable corner lot, the property features a fully fenced yard ideal for pets, play, or entertaining. Inside, you'll find an open-concept kitchen with brand-new appliances and convenient utility access nearby, making everyday living effortless. The large living room provides plenty of space for relaxing or hosting guests, while the versatile five-bedroom layout offers room for everyone. Don't miss this beautifully updated home with space, style, and convenience all in one!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$146,392Estimated Mortgage Balance
$66,661Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Deanna Parsons

Hill & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$370/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,411
$184,950
2025
$39,300
$145,650
$184,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,411
$184,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$146,392
No
First
Jun 30, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,339
$66,661
32%
67%
$878/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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1561 Road 5708 | Property Details | No Agent List