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$49,460

NAL Estimated Property Value

1964 County Road 309, Louise, TX, 77455

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths2 Bath
Baths1,922 Sq Ft
price_per_sqft$275.23 / sqft
Year BuiltBuilt in 2008

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Microwave, Electric Cooktop, Electric Oven
FlooringTile, Wood

Exterior

Lot Size21,780 sqft

Building Information

Year Built2009

Land Information

APN71971
Land UseCommercial
Legal DescriptionA20294 ABST.294 TRACT 1C PT.
Census Tract741100
Assessed Land Value$11,250
Assessed Improvement Value$38,210
Assessment Year2025

About this property

Brand NEW ROOF Aug 2025!! MOTIVATED SELLERS! Welcome to the country w/a serene escape! This quaint 3/2 home is situated on 10 acres of native pastureland, fully fenced w/electric gate entrance. Currently 8 of the 10 acres are being used for hay production & listed as AG Exempt. Located just 2 miles from I-69 and less than an hour commute to Sugarland or Victoria! Granite countertops and stainless-steel appliances! Tile and wood flooring throughout home. No carpet!! Recessed lighting throughout, large closet spaces, extra-large laundry room area, and a wood burning stove for those extra cold winter nights! Property includes a 30x60 ft shop with 12x12 roll up doors, walk doors, cooking area, 6x12 climate-controlled office/storage area, and 6x12 bathroom with shower. Water well/garden shed on slab, 12x12 ft dirt floor shed that is fenced for animals, with producing fruit trees and garden! You'll love those quiet evenings under either covered patio watching the sun rise or set.

Investor Tools

Property Icon
$49,460
Estimated Property Value
$179,158Estimated Mortgage Balance
$49,460Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$87/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$791
$49,460
2025
$11,250
$38,210
$49,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$791
$49,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Suntrust Mortgage Inc
Commercial
$222,045
No
First
Feb 3, 2017
Mar 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,158
N/A
0%
362%
$1,332/mo

City: Louise

1964 County Road 309 | Property Details | No Agent List