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Days243Days on Market
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$130,000

510 Road 5512, Cleveland, TX, 77327

On MarketInfo
Beds3 Beds
Baths288 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3

Exterior

Lot Size12,632 sqft

Building Information

Year Built2020

Land Information

APNR244370
Lot Number1103
SubdivisionSanta Fe, Sec 5
Land UseResidential
Legal DescriptionSANTA FE, SEC 5, BLOCK 24, LOT 1103, ACRES .29
Census Tract700302
Assessed Land Value$48,660
Assessed Improvement Value$14,810
Assessment Year2025

About this property

Welcome to this beautifully improved, fully fenced property offering flexibility, and country charm. Situated on over a ¼-acre and conveniently located just minutes from Highway 99 and I-69, this property is ideal for both residential living and business use. Featuring a 3-bedroom, 2-bath mobile home, along with an electric sliding gate for added security. A reinforced 250-foot concrete driveway (4” thick with rebar) provides durability and ample space for all your vehicle needs. Equipped with a 50-AMP RV hookup and 220 electric service, it is ready for your RV lifestyle or home-based business. Zoned for residential and commercial use, the opportunities here are truly endless. Two outbuildings add even more versatility—ideal for storage, workshop space, or business operations. Whether you're looking for a private homestead, an income-producing setup, or a place to run your business with ease, this property delivers both convenience and potential in one unique package.

Investor Tools

$45,714Estimated Mortgage Balance
$93,568Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$834 /month
Positive
Cash Flow Estimate:
$278 /month

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Ashley Davis

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$102/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$523
$63,470
2025
$48,660
$14,810
$63,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$523
$63,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$51,560
No
First
Jul 8, 2020
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,714
$93,286
67%
33%
$310/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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510 Road 5512 | Property Details | No Agent List