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$42,500

1940 Road 5502, Cleveland, TX, 77327

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,454 sqft

Land Information

APNR243883
Lot Number616
SubdivisionSanta Fe, Sec 5
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 5, BLOCK 16, LOT 616, ACRES 0.2400
Census Tract700302
Assessed Land Value$42,040
Assessment Year2025

About this property

Rare Opportunity – Two Adjacent Cleared Lots (45,000 Each) with Culvert Permits & Driveways! Don’t miss this unique chance to own two side-by-side lots, already cleared and ready for your build. Both parcels come with installed culverts and driveways, saving you time and money on site prep. Whether you’re looking to build your dream home with extra space, create a multi-home compound, or hold as an investment, these lots offer endless possibilities. Preference is to sell both lots together, giving you a larger footprint and even more flexibility. Utilities available in the area. Convenient location close to local amenities, about 2 miles from local charter school while still offering a peaceful setting. Bring your plans and vision—these lots are ready for you!

Investor Tools

$0Estimated Mortgage Balance
$42,040Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

Interested in this property?

Sonia Trevino

Houston Homes Legacy Group LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$82/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$775
$42,040
2025
$42,040
N/A
$42,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$775
$42,040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$42,040
100%
0%
$0/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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1940 Road 5502 | Property Details | No Agent List