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$325,000

1902 Runneburg Rd, Crosby, TX, 77532

PendingInfo
Beds3 Beds
Baths1 Bath
Baths1,320 Sq Ft
price_per_sqft$246.21 / sqft
Year BuiltBuilt in 1927

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer Included, Refrigerator Included, Washer Included, Dishwasher
FlooringWood

Exterior

Lot Size5 acres

Building Information

Year Built1927
Garage Spaces3

Land Information

APN0481110000001
Land UseResidential
Legal DescriptionTR 1 ABST 1574 F CURTIS
Census Tract252700
Assessed Land Value$217,800
Assessed Improvement Value$788,796
Assessment Year2025

About this property

Step into a piece of history with this 3 bed 1 bath home, with 1,320 square feet of quality and character. Built in 1927 by a skilled mason, this solid concrete home is a rare find, showcasing durability and craftsmanship. You’ll be welcomed by beautiful original wood floors and a warm, inviting fireplace that adds to the home’s timeless appeal. Natural light fills the space, creating a cozy yet open atmosphere. Enjoy peaceful mornings and relaxing evenings on the large front porch, overlooking mature trees that provide shade and serenity across the 1.1-acre corner lot. With plenty of room to expand, garden, or simply enjoy the outdoors, this property offers endless possibilities. Recent updates include a new AC system (2025) and a new propane tank to be installed, giving you added peace of mind while preserving the home’s historic charm. If you’re looking for character, space, and solid construction you simply don’t find in today’s builds, this property is a must-see.

Investor Tools

$1,020,126Estimated Mortgage Balance
$1,006,596Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,040 /month
Positive
Cash Flow Estimate:
$2,013 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,908
$1,006,596
2025
$217,800
$788,796
$1,006,596
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,908
$1,006,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Cu
Conventional
$1,040,000
No
First
Jun 16, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,020,126
N/A
0%
101%
$6,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$6,236/mo
$-4,514/mo
2.1%

City: Crosby

1902 Runneburg Rd | Property Details | No Agent List