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$509,000

NAL Estimated Property Value

15364 Fm 1452 W, Normangee, TX, 77871

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,216 Sq Ft
price_per_sqft$81.41 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1

Exterior

Lot Size3.50 acres

Building Information

Year Built1970
Garage Spaces1

Land Information

APNR-0228-000-0071-906
Land UseResidential
Legal DescriptionA0228 JAMES WELCH TRACT 7-1 3.5 ACRES
Census Tract000300
Assessed Land Value$81,470
Assessed Improvement Value$57,370
Assessment Year2025

About this property

Don't miss this rare 3.5 acre tract with a nice pond just outside of Normangee, only 30 min from College Station and 1.5 hours from Houston! A quaint old home is tucked in some trees at the end of the paved driveway entrance lined with trees. The home could be remodeled and made new again or torn down to make room for a brand new build. The land is perimeter fenced on 3 sides with a completely fenced in home & yard area with a gate leading out back to the surprisingly large pond. A 24x30 metal pole barn on slab has electricity and is ready to serve as a workshop as well as a garage with one roll up door. Priced at land and shop value only, this property is a must see if you're looking for small acreage to enjoy. Imagine the possibilities!

Investor Tools

Property Icon
$509,000
Estimated Property Value
$62,563Estimated Mortgage Balance
$446,437Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,054 /month
Positive
Cash Flow Estimate:
$1,018 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$694
$138,840
2025
$81,470
$57,370
$138,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$694
$138,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens State Bank
Stand Alone Second / Subordinate Position
$65,000
No
First
Apr 18, 2024
Apr 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$62,563
$425,437
87%
12%
$390/mo

City: Normangee

15364 Fm 1452 W | Property Details | No Agent List