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$670,000

22177 Fm 359 Rd, Hempstead, TX, 77445

$871,000 ARVInfo
On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,682 Sq Ft
price_per_sqft$249.81 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size1.60 acres

Building Information

Year Built1984
Stories2
Garage Spaces2

Land Information

APN302400-027-001-100
SubdivisionA-24 Charles Donahoe
Land UseResidential
Legal DescriptionABS A302400 A-24 CHARLES DONAHOE TRACT 27-1 ACRES 1.6044
Census Tract680303
Assessed Land Value$108,430
Assessed Improvement Value$189,480
Assessment Year2025

About this property

Beautifully renovated and set on approximately 1.6 acres, this 4-bedroom, 4-bath home offers plenty of space, privacy, and flexibility. The home has been fully renovated and updated throughout, including a newer roof, windows, electrical, plumbing, flooring, kitchen, bathrooms, fixtures, and modern finishes. It also includes a private in-law suite with its own bedroom, full bath, and kitchen, perfect for multigenerational living, extended family, or guests. A dedicated office adds even more functionality. Outside, a large detached shed offers great potential for a workshop, studio, storage, or future living space. Enjoy the freedom of acreage with no restrictions, low taxes, plenty of room for outdoor living, and space to make it your own. The property also includes a second electrical connection and second septic connection for a potential second residence, offering even more possibilities for the future.

Investor Tools

$10,459Estimated Mortgage Balance
$287,451Estimated Equity
96% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$871,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,020 /month
Positive
Cash Flow Estimate:
$1,340 /month

Interested in this property?

Gustavo Alvarado

Walzel Properties - Katy

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$297,910
2025
$108,430
$189,480
$297,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$297,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Va
$95,850
Yes
First
Apr 12, 2012
May 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$10,459
$287,451
96%
4%
$0/mo

City: Hempstead

22177 Fm 359 Rd | Property Details | No Agent List