Last 24 Hours
$800,000
1445 Fm 896, Leonard, TX, 75452
On Market
3 Beds
2 Bath
2,184 Sq Ft
$366.3 / sqft
Built in 1919Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms 2AppliancesGas Cooktop
FlooringVinyl, Wood
Exterior
Lot Size4.26 acres
Building Information
Year Built1919
Land Information
APN80186
Land UseResidential
Legal DescriptionA0770 M MOORE, ACRES 4.256
Census Tract950701
Assessed Land Value$242,790
Assessed Improvement Value$68,690
Assessment Year2025
About this property
This 4.256 acre property is a great multi-use property. It is located on the corner of Hwy 69 and FM 896 and the location makes it suitable for a fuel station, mutli-famlily property, business property, etc. The property has multiple entrances, two off of FM 896 and one not currently used off of Hwy 69. Property is just outside the city limits and is listed as residential due to existing tax rolls, but the house is for reference only along with the buildings on the property and are of no value.
Investor Tools
$0Estimated Mortgage Balance
$361,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,036
$311,480
2025
$242,790
$68,690
$311,480
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,036
$311,480
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,000
100%
0%
$0/mo
12.4%