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$402,000

2304 Olive Forest Ln, Manvel, TX, 77578

Off MarketInfo
Beds4 Beds
Baths1 Bath
Baths2,243 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.52 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven, Oven, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Lot Size5,990 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN7100-6003-015
Lot Number15
SubdivisionPomona Sec 6
Land UseResidential
Legal DescriptionPOMONA SEC 6 (A0298 HT&BRR) BLK 3 LOT 15
Census Tract660616
Assessed Land Value$80,850
Assessed Improvement Value$308,180
Assessment Year2025

About this property

YES, you CAN live in the master planned community of Pomona for less than $300K! Just a bit under 2.5 years young is this smart floorplan and everything you want and more - gameroom/study, formal dining room, covered patio, tankless water heater and preplumbed for water softener. All bedrooms with vaulted ceiling, remote control operated ceiling fan and walk-in closet. Kitchen well packaged with silestone countertop, large island with breakfast bar, pop-of-color backsplash and stainless steel app. Wood tile in the entertaining areas, cozy carpet in the bedrooms. Exterior with additional gutters installed and sprinkler systems. Walking distance to Pomona Elem and minutes to PTC, Costco, Target! Just 15 miles from TMC, 19 miles from Downtown. Two resort-style pools, fitness center, playgrounds, walking trails, lake for fishing, security surveillance included in the amenities- and MORE to come! Alvin ISD! **Don't forget to walk through the home via Virtual 3D Tour and make an offer!**

Investor Tools

Property Icon
$402,000
Estimated Property Value
$300,900Estimated Mortgage Balance
$136,313Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,412 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
$1,164/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$389,030
2025
$80,850
$308,180
$389,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$389,030

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Va
$300,900
Yes
First
May 8, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,687
$133,313
33%
66%
$1,805/mo

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: Manvel

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2304 Olive Forest Ln | Property Details | No Agent List