$168,500
NAL Estimated Property Value0 Memorial Drive, Splendora, TX, 77372
Off Market
About this property
6.188 Acres or 269,549 Sq.FT. Located off of Memorial Dr & Hood Rd in Splendora Texas. 2 entrances/exits. 1 located on Memorial Drive and 2nd on Hood Road. Land was previously used as commercial, 10+ years ago it was used as a plant nursery. Electricity available, city water, city swear and a water well. Large mature trees throughout the property. Feel free to drive by and walk the property. Manufactured homes are not permitted
Investor Tools
$168,500
Estimated Property Value
$0Estimated Mortgage Balance
$168,500Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,011 /month
Positive
Cash Flow Estimate:
$337 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
