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$310,000

231 Road 5605, Cleveland, TX, 77327

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,861 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.58 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Wine Refrigerator, Electric Oven, Trash Compactor, Electric Range
FlooringTile, Vinyl Plank

Exterior

Lot Size12,632 sqft

Building Information

Garage Spaces2

Land Information

APNR247687
Lot Number2248
SubdivisionSanta Fe, Sec 6
Land UseVacant Land
Legal DescriptionSANTA FE, SEC 6, BLOCK 38, LOT 2248, ACRES 0.29
Census Tract700302
Assessed Land Value$46,560
Assessment Year2025

About this property

Brand-new custom construction offering 1,861 sq ft with 3 bedrooms, 2 baths, a private home office, and thoughtfully selected finishes throughout. The open-concept design features 10-ft ceilings, LVP flooring, an electric fireplace, floating shelves, and abundant storage. The kitchen showcases Taj Mahal quartz countertops, 42-in cabinetry, a custom vent hood, large island, and designer finishes. Taj Mahal quartz continues throughout the bathrooms, including a striking floor-to-ceiling fluted tile accent wall behind the vanity. Spa-inspired baths, a laundry room with utility sink, and an impressive extended covered back porch with soaring ceilings complete the home. Situated on a 12,632 sq ft lot with endless backyard possibilities, approximately 5 minutes from Grand Parkway/99 and 10 minutes from shopping and dining. Schedule your tour today!

Investor Tools

$54,224Estimated Mortgage Balance
$1,776Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

Interested in this property?

Maria Monterrosa

Realty Of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$95/month
$120/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$863
$46,560
2025
$46,560
N/A
$46,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$863
$46,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colony Ridge Land Llc
Unknown
$54,700
No
First
Mar 18, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$54,224
$1,776
3%
97%
$328/mo

City: Cleveland