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$475,000

15399 Memorial Dr, Splendora, TX, 77372

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size6.19 acres

Land Information

APN0594-01-02400
SubdivisionWills William
Land UseVacant Land
Legal DescriptionA0594 WILLS WILLIAM, TRACT 24, 49, ACRES 6.188
Census Tract692803
Assessed Land Value$111,384
Assessment Year2025

About this property

±6.18 acres with dual access from Memorial Dr and Hood Rd in Splendora, offering flexibility for a variety of potential uses. The property provides two points of entry, making it well-suited for future development, investment, or private use. Utilities are available, including electricity, public water, and sewer. The land is heavily wooded with mature trees, providing both privacy and natural appeal. Previously operated as a plant nursery, the property presents a unique opportunity for buyers looking to capitalize on usable acreage in a growing area. Drive by or walk the property at your convenience.

Investor Tools

Property Icon
$111,384
Estimated Property Value
$132,400Estimated Mortgage Balance
$0Estimated Equity
-19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

Interested in this property?

Justin Trapolino

Clearstone Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$256/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,513
$111,384
2025
$111,384
N/A
$111,384
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,513
$111,384

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Commercial
$132,400
No
First
Aug 31, 2020
Aug 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,629
N/A
0%
106%
$794/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.

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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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15399 Memorial Dr | Property Details | No Agent List