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$76,690

174 Road 5223, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size27,878 sqft

Land Information

APNR234766
Lot Number2106
SubdivisionSanta Fe, Sec 2
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 2, BLOCK 13, LOT 2106, ACRES .64
Census Tract700302
Assessed Land Value$76,690
Assessment Year2025

About this property

Investment Opportunity in a Growing Community! This expansive 0.65-acre lot is strategically situated in the rapidly expanding community of Cleveland, Texas. Its prime location beside an upcoming supermarket and meat market shopping center enhances its visibility and accessibility, making it an ideal spot for commercial development. Ideal for various projects including: Multi-family residential units (apartments/triplex), Retail spaces or shopping centers, Service stations or convenience stores. Option to create an exit leading to Service Road 5270, improving traffic flow and accessibility for customers. This property offers a unique opportunity to capitalize on Cleveland's growth trajectory and has the potential to be zoned for commercial use. Currently Residential.

Investor Tools

Property Icon
$76,690
Estimated Property Value
$859,314Estimated Mortgage Balance
$0Estimated Equity
-1021% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$780 /month
Positive
Cash Flow Estimate:
$260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,414
$76,690
2025
$76,690
N/A
$76,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,414
$76,690

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$859,314
No
First
Sep 6, 2024
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$833,752
N/A
0%
1087%
$5,153/mo

Learn About the Market: Opportunity in Texas

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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.

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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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174 Road 5223 | Property Details | No Agent List