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$66,000

642 Road 5251, Cleveland, TX, 77327

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size17,860 sqft

Land Information

APNR236023
Lot Number3362
SubdivisionSanta Fe, Sec 2
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 2, BLOCK 23, LOT 3362, ACRES 0.4100
Census Tract700302
Assessed Land Value$58,880
Assessment Year2025

About this property

Welcome to 642 Road 5251, Cleveland, TX 77327—a versatile property offering endless possibilities for building your dream home or creating the perfect country retreat! Nestled in the serene outskirts of Cleveland, TX, this spacious plot is perfect for those seeking a peaceful, rural lifestyle while still being close to major amenities. With ample room to design your ideal home, the property offers you the freedom to either build a custom house or place a mobile home. Surrounded by nature and open skies, it's a fantastic canvas to create a tranquil, private escape.

Investor Tools

Property Icon
$66,000
Estimated Property Value
$32,620Estimated Mortgage Balance
$38,177Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$396 /month
Positive
Cash Flow Estimate:
$132 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,086
$58,880
2025
$58,880
N/A
$58,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,086
$58,880

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$32,620
No
First
Jan 11, 2019
Jan 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$27,823
$37,177
57%
42%
$196/mo

Learn About the Market: Opportunity in Texas

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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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642 Road 5251 | Property Details | No Agent List