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$388,000

NAL Estimated Property Value

863 Road 5702, Cleveland, TX, 77327

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,829 Sq Ft
TimeshareTimeshare
price_per_sqft$84.84 / sqft
Year BuiltBuilt in 2022

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.25Bathrooms Full 3.25
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringTile

Exterior

Lot Size10,454 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR251324
Lot Number5420
SubdivisionSanta Fe, Sec 7
Land UseResidential
Legal DescriptionSANTA FE, SEC 7, BLOCK 99, LOT 5420, ACRES .24
Census Tract700302
Assessed Land Value$42,040
Assessed Improvement Value$337,800
Assessment Year2025

About this property

This nearly finished home sits on 2 spacious lots and is about 80% complete per seller, with lots of materials already on-site. Featuring 2 master suites and a home office, it’s perfect for a or multi-generational living. Located in a fast-growing area of Cleveland, TX, near a planned shopping center, this property is unique and ready a large family, priced to sell and full of potential. one school 5 minutes away. Low taxes. A great opportunity for a family or investor seeking space and value.

Investor Tools

Property Icon
$388,000
Estimated Property Value
$48,116Estimated Mortgage Balance
$339,884Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,005
$379,840
2025
$42,040
$337,800
$379,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,005
$379,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Purchase Money Mortgage
$52,200
No
First
Mar 21, 2022
Apr 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$48,116
$343,884
87%
12%
$313/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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863 Road 5702 | Property Details | No Agent List