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$325,000

14777 Fm 359 Road, Hempstead, TX, 77445

On MarketInfo
Beds— Beds
Baths— Bath
Baths2,375 Sq Ft

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size13.92 acres

Building Information

Year Built2023

Land Information

APN304100-278-009-100
SubdivisionA-41 Justo Liendo
Land UseAgriculture / Farming
Legal DescriptionABS A304100 A-41 JUSTO LIENDO TRACT 278-9 ACRES 13.921 (DEED CALL TR 8) (DEED CALL TR 8)
Census Tract680501
Assessed Land Value$10,230
Assessed Improvement Value$344,194
Assessment Year2025

About this property

Discover the freedom to build your vision on this unrestricted property with frontage along FM 359—offering easy access and excellent visibility. Water well on site and electricity available make it simple to start your project right away. Whether you’re looking for a homesite, small business location, or agricultural use, this land offers endless possibilities. Seller is flexible and willing to adjust acreage from approximately 2 to 4 acres to fit your needs. Property can be subdivided, and a new survey will be required at Buyer’s expense to separate the portion being sold. Enjoy an excellent tax rate of just 1.56%! Price is negotiable, making this a rare opportunity in a fast-growing area.

Investor Tools

$341,727Estimated Mortgage Balance
$12,697Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,127 /month
Positive
Cash Flow Estimate:
$709 /month

Interested in this property?

Jaime Karnopp

Compass RE Texas, LLC - West Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$148/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$354,424
2025
$10,230
$344,194
$823,374
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$354,424

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shell Fcu
Non-Purchase Money Mortgage / Home Equity
$350,000
No
First
Feb 10, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,727
$12,697
3%
96%
$2,099/mo

City: Hempstead

14777 Fm 359 Road | Property Details | No Agent List