$40,000
564 Road 5822, Cleveland, TX, 77327
On Market
Highlights
Interior
Exterior
Lot Size7,841 sqft
Land Information
APNR257742
Lot Number8353
SubdivisionSanta Fe, Sec 9
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 9, BLOCK 165, LOT 8353, ACRES 0.1800
Census Tract700302
Assessed Land Value$35,730
Assessment Year2025
About this property
Cleared waterfront lot for sale in Cleveland, TX located in the growing Northeast Houston area. This property offers a great opportunity to build a custom home or place a manufactured home. Conveniently situated between Grand Parkway (99) and Highway 59 (I-69) with easy access to shopping, schools, and major commuting routes. Enjoy a quiet setting with a country feel while still being close to Houston. Electrical and water already established. Fully cleared lot ready for development.
Investor Tools
$32,966Estimated Mortgage Balance
$13,034Estimated Equity
28% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$74/month
$120/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$659
$35,730
2025
$35,730
N/A
$35,730
No
Tax History
Year
Tax Paid
Assessed Value
2024
$659
$35,730
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$36,590
No
First
Apr 12, 2021
Apr 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$32,966
$13,034
28%
72%
$220/mo
