$53,000
●
Land -
For Sale
121 Road 5888
Cleveland, TX 77327
Studio
0 Bath
$347
Est. Monthly
$10
HOA / Fees
About This Property
Build the future you've been dreaming of on this spacious, cleared
lot! Perfect for investors, builders, or buyers ready to create a
custom home, this property offers outstanding potential in the
growing Santa Fe community of Cleveland. Enjoy convenient access to
SH 99 (Grand Parkway), Highway 59/I-69, shopping, dining, schools,
and everyday conveniences while still appreciating the space and
flexibility the area has to offer. With continued growth throughout
the community, this lot is an excellent opportunity to build now or
invest for the future. Secure your place in one of Cleveland's
fastest-growing areas today!
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$76
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: 3 months ago (HAR #11530100)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 1, 2026 | Listed by Coldwell Banker Universal | $53,000 | |
| Listed by Coldwell Banker Universal | |||
| Aug 20, 2024 | No longer available | - | |
| No longer available | |||
| May 6, 2024 | Listed by Keller Williams Realty Southwest | $55,900 | |
| Listed by Keller Williams Realty Southwest | |||
| | |||
|
Welcome to Cleveland, Texas, where opportunity awaits in this developing area! This spacious corner lot has 11,761 sqft and is part of the exciting Santa Fe project, situated just 15 minutes away. As part of this project, residents will enjoy access to three elementary schools and one middle school, making it an ideal location for families.
Additionally, the community offers various amenities, including a shared recreation area and a neighborhood watch program, ensuring a safe and vibrant environment for all residents.
This lot will have electricity, soon to be available. Don't miss out on the chance to build your dream home in this growing and well-connected community. Contact us today to make this lot yours!
| |||
Property Highlights
Exterior Details
Lot Features: Other, Cleared, 0 Up To 1/4 Acre
Lot Size Area: 0.27
Lot Size Units: Acres
Lot Size Acres: 0.27
Lot Size Square Feet: 11761.2
Water Source: Public
Financial Details
Tax Annual Amount: $914
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Bridgett Badillo, Coldwell Banker Universal
Last Updated: 3 months ago
Data Source: HAR , MLS# 11530100
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Last Updated: 3 months ago
Data Source: HAR , MLS# 11530100
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