Last 24 Hours
$111,000
NAL Estimated Property Value6117 Road 5503, Cleveland, TX, 77327
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size10,019 sqft
Land Information
APNR258439
Lot Number9050
SubdivisionSanta Fe, Sec 9
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 9, BLOCK 177, LOT 9050, ACRES 0.2300
Census Tract700302
Assessed Land Value$41,240
Assessment Year2025
About this property
The perfect place to build your dream home. Just some minutes away from Grand Parkway. Utilities available on site (water, electricity). Very low tax rate. The community offers new schools,concrete streets. There is a Splash Pad and Multipurpose Center located close to Cottonwood Elementary.This park has several soccer fields, a playground, two volleyball courts and a basketball court. Deed restrictions on community
Investor Tools
$111,000
Estimated Property Value
$33,786Estimated Mortgage Balance
$77,214Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$666 /month
Positive
Cash Flow Estimate:
$222 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$110/month
$120/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$761
$41,240
2025
$41,240
N/A
$41,240
No
Tax History
Year
Tax Paid
Assessed Value
2024
$761
$41,240
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$37,500
No
First
Mar 28, 2021
Apr 2041
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$33,786
$193,214
85%
30%
$225/mo
12.4%