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$149,900

1839 Road 5502, Cleveland, TX, 77327

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.7 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Bathrooms Half 0.5Bathrooms Half 0.5
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringLaminate

Exterior

Lot Size10,019 sqft

Building Information

Year Built2023
Stories1
Roof Type105

Land Information

APNR243566
Lot Number299
SubdivisionSanta Fe, Sec 5
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 5, BLOCK 9, LOT 299, ACRES .23, MH LABEL# INACCESSIBLE
Census Tract700302
Assessed Land Value$43,340
Assessed Improvement Value$70,250
Assessment Year2025

About this property

Welcome to this recently remodeled home located in a quiet and well-established community. Priced under $200,000, this property offers exceptional value and is perfect for first-time buyers, downsizers, or investors. Conveniently situated close to major freeways, shopping malls, and schools, this home provides easy access to everything you need while still offering a peaceful neighborhood setting. The front of the property is gated, adding an extra layer of safety and privacy for you and your family. With its recent updates and prime location, this move-in-ready home is a fantastic opportunity you don’t want to miss.

Investor Tools

$30,369Estimated Mortgage Balance
$117,695Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

Interested in this property?

Sylvia Reyes

SevenTwenty Realty and Investments

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$316/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,049
$113,590
2025
$43,340
$70,250
$113,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,049
$113,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$34,610
No
First
Feb 10, 2020
Feb 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,369
$122,631
80%
21%
$208/mo

City: Cleveland

1839 Road 5502 | Property Details | No Agent List