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Days869Days on Market
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$68,995

294 Road 5242, Cleveland, TX, 77327

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size17,424 sqft

Land Information

APNR235849
Lot Number3188
SubdivisionSanta Fe, Sec 2
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 2, BLOCK 21, LOT 3188, ACRES 0.4000
Census Tract700302
Assessed Land Value$57,630
Assessment Year2025

About this property

This .4 +/- Acre lot is located in highly coveted Santa Fe Community. No restrictions, partially cleared lot. Ready for you to build your own home. Seller has partially cleared and utilities are on site for connection for your new home. Located close to Hwy 99 and 69, easy access to get into Houston and surrounding areas. Mobile homes are welcome, drive by and see it today!

Investor Tools

Property Icon
$63,000
Estimated Property Value
$20,783Estimated Mortgage Balance
$44,996Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$414 /month
Positive
Cash Flow Estimate:
$138 /month

Interested in this property?

Maria Vega

AAA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$115/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,063
$57,630
2025
$57,630
N/A
$57,630
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,063
$57,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$20,783
No
First
Aug 30, 2019
Sep 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$18,004
$45,996
71%
29%
$125/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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294 Road 5242 | Property Details | No Agent List