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$60,000

NAL Estimated Property Value

2338 Road 5838, Cleveland, TX, 77327

Off MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size10,019 sqft

Land Information

APNR258724
Lot Number9200
SubdivisionSanta Fe, Sec 9-A
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 9-A, BLOCK 181, LOT 9200, ACRES 0.2300
Census Tract700302
Assessed Land Value$41,240
Assessment Year2025

About this property

Build your dream home on this fully cleared lot located in a thriving area surrounded by new construction, modern stores, and highly rated schools. Nestled in a calm and desirable neighborhood, this property offers the perfect balance of peaceful living and everyday convenience. With utilities nearby and ample space to design exactly what you want, the possibilities are endless. Whether you’re looking to create a custom home or secure a smart investment, this lot stands out as an exceptional opportunity. Priced below market value, it offers immediate equity and strong future growth potential in an area that continues to develop rapidly. Don’t miss your chance to own land in one of the most promising locations around.

Investor Tools

Property Icon
$60,000
Estimated Property Value
$37,015Estimated Mortgage Balance
$22,985Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$360 /month
Positive
Cash Flow Estimate:
$120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$761
$41,240
2025
$41,240
N/A
$41,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$761
$41,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$40,845
No
First
Jun 19, 2021
Jul 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$37,015
$4,225
10%
62%
$245/mo

City: Cleveland

2338 Road 5838 | Property Details | No Agent List