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$62,190

NAL Estimated Property Value

53 Road 5116, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size19,166 sqft

Land Information

APNR229026
Lot Number198
SubdivisionSanta Fe, Sec 1
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 1, BLOCK 1, LOT 198, ACRES .44
Census Tract700302
Assessed Land Value$62,190
Assessment Year2025

About this property

Great opportunity to own a lot in a rapidly growing area of Cleveland, TX. Located near expanding residential and commercial development, this property offers excellent potential for future appreciation. The surrounding area is experiencing increased business activity, with new establishments and services continuously moving in, making it an attractive location for investment or development. Convenient access to major roads provides easy connectivity to Highway 105, FM 2025, and US-59, allowing quick access to nearby shopping, dining, and services. This area continues to attract growth due to its affordability, accessibility, and rising demand. Ideal for buyers looking to invest in an area with strong development momentum and long-term potential.

Investor Tools

Property Icon
$62,190
Estimated Property Value
$25,588Estimated Mortgage Balance
$36,602Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$373 /month
Positive
Cash Flow Estimate:
$124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$121/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,147
$62,190
2025
$62,190
N/A
$62,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,147
$62,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Unknown
$31,470
No
First
Jun 30, 2017
Jul 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$25,588
$36,602
58%
41%
$189/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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53 Road 5116 | Property Details | No Agent List