$65,000
●
Land -
For Sale
11 Road 5118
Cleveland, TX 77327
Studio
0 Bath
$330
Est. Monthly
$10
HOA / Fees
About This Property
Discover the perfect opportunity with this spacious 25,265 sq ft
lot in the desirable Section 1 of Santa Fe subdivision in
Cleveland, TX. With utilities already in place-water and
electricity on site-this lot is truly ready for your mobile home or
new construction. Enjoy the peace of a growing neighborhood with
the convenience of location: just minutes from local elementary
schools and with easy access to the 99 Grand Parkway, commuting is
a breeze. Whether you're looking to invest, build, or move in
quickly, this lot offers the flexibility and infrastructure you
need. Don't miss out on this prime piece of land!
Unit Size
-
Days on Market
-
Land Size
0.58 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$10
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (HAR #29566857)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2025 | No longer available | - | |
| No longer available | |||
| Dec 1, 2025 | Listed by Lugary, LLC | $65,000 | |
| Listed by Lugary, LLC | |||
| Sep 8, 2025 | Price Decreased |
$65,000
↓ $15K
(18.8%) | |
| Price Decreased | |||
| May 31, 2025 | Listed by Lugary, LLC | $80,000 | |
| Listed by Lugary, LLC | |||
| | |||
|
Discover the perfect opportunity with this spacious 25,265 sq ft lot in the desirable Section 1 of Santa Fe subdivision in Cleveland, TX. With utilities already in place—water and electricity on site—this lot is truly ready for your mobile home or new construction. Enjoy the peace of a growing neighborhood with the convenience of location: just minutes from local elementary schools and with easy access to the 99 Grand Parkway, commuting is a breeze. Whether you're looking to invest, build, or move in quickly, this lot offers the flexibility and infrastructure you need. Don’t miss out on this prime piece of land!
| |||
| Mar 20, 2025 | Relisted | $155,000 | |
| Relisted | |||
Show More
Property Highlights
Exterior Details
Lot Features: Cul-De-Sac, 1/2 Up to 1 Acre
Lot Size Area: 0.58
Lot Size Units: Acres
Lot Size Acres: 0.58
Lot Size Square Feet: 25265
Water Source: Public
Utilities Details
Sewer : Public Sewer
Location Details
HOA Fee: $120
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Liberty
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Currently no similar homes aroundNearby Rentals
Listed by: Ricardo Amoroso Alfaro, Lugary, LLC
Last Updated: 5 months ago
Data Source: HAR , MLS# 29566857
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Last Updated: 5 months ago
Data Source: HAR , MLS# 29566857
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