$65,000
2018 Road 5500, Cleveland, TX, 77327
On Market
Highlights
Interior
Exterior
Lot Size11,761 sqft
Land Information
APNR243398
Lot Number131
SubdivisionSanta Fe, Sec 5
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 5, BLOCK 7, LOT 131, ACRES 0.2700
Census Tract700302
Assessed Land Value$44,830
Assessment Year2025
About this property
Fast growing Santa Fe Subdivision, lot ready to start your next project or build your dream home. Manufactured homes are allowed, near hwy 59 and 99. Brand new Charter School International Leadership of Texas down the street. Buyer to verify all information including lot size, schools and restrictions. No Survey is available. Buyer to purchase one.
Investor Tools
$25,819Estimated Mortgage Balance
$38,181Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$390 /month
Positive
Cash Flow Estimate:
$130 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$96/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$827
$44,830
2025
$44,830
N/A
$44,830
No
Tax History
Year
Tax Paid
Assessed Value
2024
$827
$44,830
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$29,740
No
First
Sep 9, 2019
Sep 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,819
$38,181
59%
40%
$179/mo
