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$1,300,000
NAL Estimated Property Value22 ACRES TBD Hegar Road, Houston, TX, 77447
Off Market
Property Lead Type:
Off-Market List
About this property
RARE FIND 11 ACRES FOR YOUR DREAM HOME IN SOUGHT AFTER AREA OF HOCKLEY, JUST A FEW MILES FROM HOUSTON OAKS GOLF COURSE. THIS TRACT HAS APPROX. 391 FT OF FRONTAGE ON HEGAR, EXACT AMOUNT TO BE DETERMINED BY SURVEY. CURRENTLY BEING USED FOR HAY PRODUCTION, THE DEED RESTRICTIONS WILL SPECIFY NO MOBILE HOMES OR TEMPORARY DWELLINGS, NO COMMERCIAL, NO OFFENSIVE ANIMALS. CONVENIENT TO SHOPPING IN NEARBY CYPRESS, LOW TAXES (CURRENTLY AG EXEMPT, WHICH YOU CAN CONTINUE).THE REALTY SIGN IS APPROXIMATELY CENTERED ON THE ROAD FRONTAGE.
Investor Tools
$1,300,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,300,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%
12.4%