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$392,000

NAL Estimated Property Value

23011 Cardinal Drive, Hockley, TX, 77447

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.52 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size33,659 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN0401890000298
Land UseResidential
Legal DescriptionTR 1M-1 ABST 7 S BROWN
Census Tract555600
Assessed Land Value$80,489
Assessed Improvement Value$311,511
Assessment Year2025

About this property

Discover the charm of this lovely 4-bed 3-bath home on over three-quarters of an acre lot in Holly Springs. It comes with a carport and workshop for added convenience. With two primary suites, each with a walk-in closet, the home offers a comfy and adaptable living space. The eat-in kitchen featuring a breakfast bar and granite countertops, flows into a cozy living area with a wood-burning fireplace. Outside, the large fenced yard is perfect for various outdoor activities, entertainment, and relaxation under the shade of mature trees. Positioned conveniently between Tomball, Cypress, and Waller, this home combines comfort with easy access to nearby areas. Located in Waller ISD.

Investor Tools

Property Icon
$392,000
Estimated Property Value
$155,672Estimated Mortgage Balance
$236,328Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$205/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$498
$392,000
2025
$80,489
$311,511
$392,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$498
$392,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$162,000
No
First
Mar 22, 2024
Apr 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,672
$236,328
60%
40%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$1,027/mo
+$913/mo
5.9%

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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23011 Cardinal Drive | Property Details | No Agent List