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$263,000

NAL Estimated Property Value

16022 E St Hwy 31 E, Brownsboro, TX, 75756

$299,927 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,860 Sq Ft
price_per_sqft$53.23 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size42,253 sqft

Building Information

Year Built1965
Roof Type105
Garage Spaces4

Land Information

APN0609-0620-0000-10
Lot Number1,5
SubdivisionAb 0609 D Parker Sur
Land UseResidential
Legal DescriptionAB 609 D PARKER SUR, TR 62 (RE:LTS 1,5)
Census Tract950202
Assessed Land Value$27,848
Assessed Improvement Value$196,054
Assessment Year2025

About this property

Opportunity awaits with this 3-bedroom, 2-bathroom home sitting on a generous 0.97-acre lot in Brownsboro, TX. While the home is in need of substantial repairs and renovations, it offers incredible potential for investors, flippers, or anyone ready to bring their vision to life. The property features nearly an acre of land with mature trees, providing a peaceful country setting while remaining conveniently close to town amenities. Whether you’re looking to restore the existing structure or reimagine the space entirely, this property is a blank canvas for your ideas. Just shy of an acre, this spacious lot has plenty of room for outdoor living, gardening, or additional structures. This property is priced for its potential and sold as-is, offering a fantastic opportunity to create value. Don’t miss out on this diamond in the rough!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$0Estimated Mortgage Balance
$263,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$299,926
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,578 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,452
$223,902
2025
$27,848
$196,054
$223,902
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,452
$223,902

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$263,000
100%
0%
$0/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: Brownsboro

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16022 E St Hwy 31 E | Property Details | No Agent List