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Street View

$40,000

NAL Estimated Property Value

508 Road 5915 15, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size9,148 sqft

Land Information

APNR277572
Lot Number220
SubdivisionSanta Fe, Sec 15
Land UseSmall Vacant Tracts Of Landvacant Lots/Tracts
Legal DescriptionSANTA FE, SEC 15, BLOCK 1, LOT 220, ACRES 0.21
Census Tract700302
Assessed Land Value$39,290
Assessment Year2025

About this property

Lot for sale. Up and coming community. Make your next home in this lot. Live in the serenity community out in the country close to the city. Ready for it's next owner to make their dream home.

Investor Tools

Property Icon
$40,000
Estimated Property Value
$32,958Estimated Mortgage Balance
$7,042Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$77/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$725
$39,290
2025
$39,290
N/A
$39,290
No

Tax History

Year
Tax Paid
Assessed Value
2024
$725
$39,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$34,640
No
First
Sep 5, 2023
Sep 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,958
$7,042
17%
82%
$208/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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508 Road 5915 15 | Property Details | No Agent List