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Owner Contacts

$506,000

204 Wade Rd, Brookshire, TX, 77423

Off Market

2 Beds

2 Bath

1,516 Sq Ft

Single Family Residence

$296.83 / sqft

Built in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringLaminate

Exterior

Lot Size1.83 acres

Building Information

Year Built1978

Stories1

Roof Type105

Garage Spaces2

Land Information

APN6520-00-000-0174-901

Lot Number17

SubdivisionPecan Hill

Land UseResidential

Legal DescriptionPECAN HILL, LOT 17-B,18-B (PT), TRACT 70.2, ACRES 1.83, (A-14 BROOKSHIRE)

Census Tract673202

Assessed Land Value$273,539

Assessed Improvement Value$113,389

Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED - HIGHEST AND BEST DUE BY END OF DAY JULY 22, 2025*** Discover this beautiful, one-owner, ranch-style home nestled on a serene 2.38-acre homesite in Pecan Hill, one of Brookshire’s most sought-after and established neighborhoods. Surrounded by mature trees and lush landscaping, this private oasis offers peace, space, and endless potential. Step inside to an inviting open floor plan with soaring high ceilings, new laminate flooring, and a spacious formal dining area perfect for gatherings. The living space is light-filled and airy, ideal for both relaxing and entertaining. Outside, enjoy the privacy of a fenced backyard, ideal for pets and outdoor living. The property features a detached 2-car garage, gently rolling front and back yards, and no rear neighbors, making this homesite feel incredibly secluded and tranquil. This is a rare opportunity to own acreage with room to expand, garden, or simply enjoy the natural beauty that surrounds you.

Investor Tools

$506,000

Estimated Property Value

$372,000Estimated Mortgage Balance

$138,888Estimated Equity

26% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,036 /month

Positive

Cash Flow Estimate:

$1,012 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$493/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,383

$386,928

2025

$273,539

$113,389

$386,928

Tax History

Year

Tax Paid

Assessed Value

2025

$3,383

$386,928

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Mortgage Connextions Lp

Conventional

$372,000

First

Aug 2, 2025

Sep 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$367,112

$145,888

28%

73%

$2,231/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$2,231/mo

$-509/mo

4.1%

Learn About the Market: Opportunity in Texas

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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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