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$65,340

NAL Estimated Property Value

42 Road 5016, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size21,780 sqft

Land Information

APNR221798
Lot Number721
SubdivisionCamino Real, Sec 3
Land UseVacant Land
Legal DescriptionCAMINO REAL, SEC 3, BLOCK 12, LOT 721, ACRES .5
Census Tract700302
Assessed Land Value$65,340
Assessment Year2025

About this property

Welcome to 42 Road 5016! RARE 1 ACRE OPPORTUNITY on a CUL-DE-SAC in the Camino Real Subdivision, a great community to grow a family or retire! The Camino Real subdivision broke ground in 2015, has easy access to the interstate and is 45 minutes from Downtown Houston. This subdivision features AT&T, Camino Real Property Owners Association, Cleveland Independent School District, Entergy Energy, Quadvest Sewer and Water, Recreation Areas. The land can be used to build or place a modular/mobile home on this corner lot and live a quiet private life. This property is tied to another lot that is next to it and can be sold as a package deal for a total 1.1 acres or they can be sold separately. The land has readily available electricity, city water, internet access, low tax rate, low HOA. Schedule your visit today!

Investor Tools

Property Icon
$65,340
Estimated Property Value
$39,356Estimated Mortgage Balance
$25,984Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$392 /month
Positive
Cash Flow Estimate:
$131 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$109/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$976
$65,340
2025
$65,340
N/A
$65,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$976
$65,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Enita Bernice Odofin Etal
Conventional
$20,000
No
First
Jun 10, 2025
Jul 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$39,356
$25,984
39%
60%
$240/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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42 Road 5016 | Property Details | No Agent List