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Days1826Days on Market
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$275,000

12468 Mustang Rd, Splendora, TX, 77372

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,872 Sq Ft
price_per_sqft$146.9 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size1.95 acres

Building Information

Year Built2015
Stories1

Land Information

APN7380-00-08600
Lot Number16
SubdivisionMustang Oaks
Land UseResidential
Legal DescriptionS738000 - MUSTANG OAKS, LOT 16-D, SERIAL # CSS016794TXA, LABEL # HWC0442607, ACRES 1.946
Census Tract692900
Assessed Land Value$66,407
Assessed Improvement Value$72,534
Assessment Year2025

About this property

**Two subdivided lots totaling approximately 3.90 acres!** More photos coming soon! This spacious 4-bedroom, 2-bath manufactured home offers two generous living areas, providing plenty of room for relaxing and entertaining. A built-in bar creates the perfect space for hosting gatherings. Outside, you'll find a large storage/workshop building with electricity, ideal for hobbies, equipment, or additional workspace. Enjoy the privacy, flexibility, and endless possibilities that come with nearly four acres of land while still being conveniently located near Splendora amenities. Home is currently tenant occupied thru the end of September.

Investor Tools

$232,763Estimated Mortgage Balance
$37,535Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Christi Mims

J Renea Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,238
$138,941
2025
$66,407
$72,534
$138,941
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,238
$138,941

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$201,679
Yes
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,763
N/A
0%
87%
$1,518/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Splendora

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12468 Mustang Rd | Property Details | No Agent List