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Days502Days on Market
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$260,000

297 Road 5120, Cleveland, TX, 77327

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,900 Sq Ft
price_per_sqft$136.84 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size18,731 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces1

Land Information

APNR230040
Lot Number1097
SubdivisionSanta Fe, Sec 1
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 1, BLOCK 8, LOT 1097, ACRES .43
Census Tract700302
Assessed Land Value$61,170
Assessed Improvement Value$213,960
Assessment Year2025

About this property

Welcome to 307 Road 5120, Cleveland, TX 77327! This stunning 4-bedroom, 2.5-bathroom home spans 1,900 square feet and is located in the peaceful Santa Fe subdivision. With easy access to major highways, including Highway 99, commuting is effortless, and amenities are close by. Inside, you'll find a contemporary open-concept layout with a spacious living area flowing into a modern kitchen. The kitchen boasts high-end appliances, elegant finishes, and ample storage, perfect for cooking enthusiasts. The primary bedroom features an en-suite bathroom, while the additional bedrooms are spacious and versatile. Stylishly designed bathrooms add extra comfort. The backyard is perfect for entertaining or relaxing, and the attached garage offers added convenience. This home combines modern design, comfort, and a great location in the growing community of Cleveland, TX. Don’t miss this opportunity! LOW TAX RATE !!

Investor Tools

$248,199Estimated Mortgage Balance
$26,931Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,651 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Fredy Penaranda

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$537/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,074
$275,130
2025
$61,170
$213,960
$275,130
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,074
$275,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Unknown
$250,381
No
First
Jan 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,199
$26,931
9%
90%
$1,502/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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297 Road 5120 | Property Details | No Agent List