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$94,568

15015 Garrett Rd, Houston, TX, 77044

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.09 acres

Land Information

APN0502050000152
Land UseVacant Land
Legal DescriptionTR 4A-3 LINCOLN PARK FARMS
Census Tract252100
Assessed Land Value$94,568
Assessment Year2025

About this property

This expansive 4+ acre property presents a unique opportunity for both residential and commercial development. With close proximity to Dresden and Eisenhower Parks as well as Generation Park, the location is ideal for a variety of ventures such as an RV Park, lay down lot, or truck park. The property has been cleared and raised and approved. Topo surveys and civil engineering completed for drainage. Zoned for both residential and commercial use, the possibilities are endless. Whether you're looking to build your dream home or establish a thriving business, this versatile property offers the space and flexibility you've been searching for. Don't miss out on this rare chance to turn your vision into reality. Seller is willing to divide. It's ready to go for what your needs and wants are.

Investor Tools

Property Icon
$94,568
Estimated Property Value
$0Estimated Mortgage Balance
$94,568Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$822
$94,568
2025
$94,568
N/A
$94,568
No

Tax History

Year
Tax Paid
Assessed Value
2024
$822
$94,568

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$94,568
100%
0%
$0/mo

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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15015 Garrett Rd | Property Details | No Agent List