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Days64Days on Market
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$208,000

244 Road 5506, Cleveland, TX, 77327

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.33 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,019 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR243740
Lot Number473
SubdivisionSanta Fe, Sec 5
Land UseResidential
Legal DescriptionSANTA FE, SEC 5, BLOCK 13, LOT 473, ACRES .23
Census Tract700302
Assessed Land Value$41,240
Assessed Improvement Value$132,100
Assessment Year2025

About this property

MOVE-IN READY and PRICED TO SELL! This charming 3-bedroom, 2-bath home offers the perfect combination of comfort, space, and affordability. Featuring a bright and open layout, spacious living areas, and a large backyard with endless possibilities, this home is ready for its next owner to move right in and make it their own. Whether you’re searching for your first home, a great investment property, or simply more space for your family, this home delivers exceptional value at an unbeatable price. The oversized yard is perfect for entertaining, kids, pets, or future outdoor projects. Don’t miss this incredible opportunity to own a well-maintained home with so much potential. Schedule your showing today — opportunities like this are becoming harder to find!

Investor Tools

Property Icon
$206,000
Estimated Property Value
$201,333Estimated Mortgage Balance
$4,185Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

Interested in this property?

Jennifer Richard

JLA Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,197
$173,340
2025
$41,240
$132,100
$173,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,197
$173,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$201,333
Yes
First
Feb 9, 2023
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,165
$6,835
3%
98%
$1,288/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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244 Road 5506 | Property Details | No Agent List