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$281,619

20307 Penny Blume Drive, Hockley, TX, 77447

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.72 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size8,638 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1355480050005
Lot Number5
Land UseResidential
Legal DescriptionLT 5 BLK 5 BAUER LANDING SEC 1
Census Tract556000
Assessed Land Value$55,750
Assessed Improvement Value$225,869
Assessment Year2025

About this property

Welcome Home!! Charming 3 bedroom, 2 bath home in the highly desirable Bauer Landing Community on one of the LARGER LOTS in the neighborhood! Tile throughout the entire house except for the bedrooms. Kitchen features GRANITE COUNTERTOPS & STAINLESS STEEL APPLIANCES! Open concept and high ceilings throughout! The primary bedroom is located at the back of the home and has a separate bath, shower and large walk in closet! OVERSIZED COVERED PATIO and an ADDITIONAL PATIO EXTENSION perfect for entertaining! 2 car garage! REFRIGERATOR, WASHER & DRYER INCLUDED! Zoned to Waller School District. Easy access close to 290, 99 & 2920.

Investor Tools

Property Icon
$281,619
Estimated Property Value
$0Estimated Mortgage Balance
$31,524Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,690 /month
Positive
Cash Flow Estimate:
$563 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$278/month
$432/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,926
$281,619
2025
$55,750
$225,869
$281,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,926
$281,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$265,109
Yes
First
Apr 14, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,095
$31,524
11%
89%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$2,022/mo
$-82/mo
8.3%

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: Hockley

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20307 Penny Blume Drive | Property Details | No Agent List