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$229,790

NAL Estimated Property Value

101 Oyster Creek Dr, Lake Jackson, TX, 77566

$298,727 ARVInfo
Off MarketInfo
CommercialInfo
Beds8 Beds
Baths2 Bath
Baths3,002 Sq Ft
Multi FamilyMulti Family
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 1968

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 2Bathrooms 2
FlooringCarpet

Exterior

Lot Size12,463 sqft

Building Information

Year Built1960

Land Information

APN5850-1206-000
Lot Number32,33
SubdivisionArea B-C-D-E-G-H-J-K-L Etc
Land UseCommercial
Legal DescriptionAREA B-C-D-E-G-H-J-K-L ETC (LAKE JACKSON) BLK 9 LOT 32-33 AREA J
Census Tract663300
Assessed Land Value$92,350
Assessed Improvement Value$137,440
Assessment Year2025

About this property

In Lake Jackson there is a spacious commercial rental property with 8 rooms or offices, offering a versatile and flexible layout for a variety of investment opportunities. This property provides ample space for multiple businesses or ventures, and each room or office can be customized to suit different needs. Additionally, there is ample parking for clients and customers, and the property's prominent location in Lake Jackson ensures good visibility and accessibility. It is walking distance to H-E-B, downtown restaurants, and buisnesses. This is ideal for professional offices, medical clinics, co-working spaces, retail stores, educational centers, and more. With flexible lease terms and competitive rates, this rental space is an attractive option for entrepreneurs and businesses looking to invest in the Lake Jackson area.

Investor Tools

Property Icon
$229,790
Estimated Property Value
$223,210Estimated Mortgage Balance
$6,580Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$298,727
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,379 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$458/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,344
$229,790
2025
$92,350
$137,440
$229,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,344
$229,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Roy V Kimmel Etal
Purchase Money Mortgage
$235,000
No
First
Aug 1, 2023
Aug 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,210
$6,580
2%
97%
$1,409/mo

City: Lake Jackson

101 Oyster Creek Dr | Property Details | No Agent List