




$1,700
NAL Estimated Property Value5500 Penny Rd, Cleveland, TX, 77328
Highlights
Interior
About this property
Enjoy the privacy and quiet of country living with the convenience of being just a short drive from Houston. Perfect for tenants seeking a well-maintained property. Located on a peaceful dead-end road, this unique rental offers a rare combination of space and comfort. The property includes two insulated and climate-controlled storage containers, ideal for use as workshops or secure storage. A four-car covered carport provides ample parking and protection from the elements. The fire pit area offers a relaxing outdoor retreat. Schedule your showing today.
Financing Details
Learn About the Market: Opportunity in Texas




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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Cleveland
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