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$295,000

NAL Estimated Property Value

22941 Nichols Sawmill Rd, Hockley, TX, 77447

$315,034 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.05 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating Floor/WallHeating Floor/Wall
AppliancesElectric Oven, Free-Standing Range
FlooringVinyl, Wood

Exterior

Lot Size28,750 sqft

Building Information

Year Built1973
Stories1
Roof Type105

Land Information

APN0417-00-00610
SubdivisionPearsall Lacy
Land UseResidential
Legal DescriptionA0417 PEARSALL LACY, TRACT 6-A, ACRES 0.660
Census Tract690101
Assessed Land Value$59,400
Assessed Improvement Value$83,317
Assessment Year2025

About this property

PRICE HAS BEEN REDUCED TO WELL BELOW APPRAISED VALUE....Discover the endless possibilities this charming property offers! The existing home features 2 bedrooms, 1 bathroom, and a versatile office space, perfect for your needs. Situated along the old stagecoach route, this residence exudes character and potential. It eagerly awaits your personal touches to transform it into your dream home. Conveniently located with easy access to Cypress, Hockley, Waller, and Magnolia, you'll enjoy the perfect blend of tranquility and connectivity. Whether you're a first-time homebuyer or looking to invest in a charming piece of history, this property is brimming with potential. Don't miss out on this unique opportunity to make this property truly your own! THIS HOME IS BEING SOLD AS-IS!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$123,708Estimated Mortgage Balance
$171,292Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$315,033
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$128/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$60
$142,717
2025
$59,400
$83,317
$142,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$60
$142,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stellar Bank
Building Or Construction Loan
$127,500
No
First
Sep 11, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,708
$176,292
58%
42%
$765/mo

City: Hockley

22941 Nichols Sawmill Rd | Property Details | No Agent List