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$73,000

24 Road 5220, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size19,166 sqft

Land Information

APNR234790
Lot Number2130
SubdivisionSanta Fe, Sec 2
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 2, BLOCK 13, LOT 2130, ACRES 0.44
Census Tract700302
Assessed Land Value$68,400
Assessment Year2025

About this property

Prime Corner Lot. Just under half an acre. Discover the perfect location to build your dream home on this spacious corner lot. Conveniently located right off Grand Parkway 99 in Santa Fe subdivision. This area is booming. This lot is ready for construction, all utilities available and no extra clearing needed. Enjoy the flexibility of this prime location with easy access to major freeways, schools, and local shopping nearby.

Investor Tools

Property Icon
$73,000
Estimated Property Value
$51,000Estimated Mortgage Balance
$24,640Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$438 /month
Positive
Cash Flow Estimate:
$146 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$136/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,261
$68,400
2025
$68,400
N/A
$68,400
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,261
$68,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The First State Bank
Purchase Money Mortgage
$51,000
No
First
Jul 7, 2023
Jul 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,360
$72,640
60%
66%
$306/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.

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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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24 Road 5220 | Property Details | No Agent List