New construction

Price cut: $26K (6/23)

$299,000

111 County Road 5122, Cleveland, TX 77327

2beds

1,800sqft

$2,366/mo

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Duplex

Built in 2025

-- sqft lot

$284,300 Zestimate^®

$166/sqft

$10/mo HOA

What's special

A great investment opportunity located only two miles from the 99 Grand Park Tollway. Two newly constructed units with two bedrooms, one full bathroom, granite counter-tops, and stainless steel appliances included. The half acre lot provides enough space for car and truck parking. Four RV hook-ups are available for extra potential income. Tile throughout each unit allows for easy maintenance and a door can be installed into the dividing wall to transform the property into a single-family residence with two full kitchens. The community is quiet, private, and has a low tax rate with minimal restrictions. The empty lot next door can be included for even more building, rental, or storage opportunities.

207 days

49

6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Electric

Cooling

Ceiling Fan(s), Electric

Appliances

Included: Range, Microwave, Dishwasher, Refrigerator
Laundry: Washer/Dryer Connections

Features

Flooring: Tile

Interior area

Total structure area: 1,800
Total interior livable area: 1,800 sqft

Property

Parking

Parking features: More Than Two Parking Units

Features

Stories: 1
Patio & porch: Patio

Lot

Size: 0.49 Acres
Features: Cleared, Cul-De-Sac

Details

Parcel number: 007312000839000

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex

Materials

Other, Wood Siding
Roof: Composition

Condition

New construction: Yes
Year built: 2025

Details

Builder name: Private Builder

Utilities & green energy

Utilities for property: Cable Connected, Electricity Available, Natural Gas Connected, Water Connected

Green energy

Energy efficient items: HVAC

Community & HOA

Community

Subdivision: Santa Fe

HOA

Has HOA: Yes
HOA fee: $120 annually

Location

Region: Cleveland

Financial & listing details

Price per square foot: $166/sqft
Tax assessed value: $228,850
Annual tax amount: $4,243
Date on market: 2/1/2026
Listing terms: Cash,Conventional,VA Loan

Estimated market value

$284,300

$270,000 - $299,000

$1,352/mo

Price history

Date	Event	Price
6/23/2026	Price change	$299,000-8%$166/sqft
Source: HAR #79768516 Report a problem
2/1/2026	Price change	$324,990-18.8%$181/sqft
Source: HAR #79768516 Report a problem
10/30/2025	Listed for sale	$399,990$222/sqft
Source: HAR #15760702 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,243 +240%	$228,850 +238.1%
2024	$1,248 -0.1%	$67,680
2023	$1,250 -9.6%	$67,680
2022	$1,382 +13.7%	$67,680 +19.8%
2021	$1,215 +4.9%	$56,480 +5%
2020	$1,159 +30%	$53,790 +37.2%
2019	$891	$39,200 +9.6%
2018	--	$35,770