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$340,000

2315 Iris Cove Court, Hockley, TX, 77447

On MarketInfo

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.68 acres

Land Information

APN9036-00-01200
Lot Number4
SubdivisionStallion Lakes 01
Land UseResidential
Legal DescriptionS903600 - STALLION LAKES 01, BLOCK 2, LOT 4
Census Tract690101
Assessed Land Value$385,208
Assessment Year2025

About this property

Discover the serene beauty of Stallion Lakes, a community with 5 picturesque lakes, scenic nature trails, lush greenery & rolling terrain. This premier 1.7-acre homesite was acquired by MPCH before its public release. Located on a peaceful cul-de-sac, it offers the perfect canvas to design your home exactly as you envision it. Pie-shaped and on a reserve for maximum privacy. Not in flood plain. Matt Powers, renowned for nearly 30 years of luxury homebuilding experience & recognized as the #1 custom builder. His expertise, numerous awards & loyal clientele reflect his commitment to exceptional quality. Stately security gates, low tax rates, concrete streets, natural gas & fiber optic cable. Enjoy close proximity to The Clubs at Houston Oaks & Cypress shopping, blending convenience w/ a serene lifestyle. You're chance to create a custom luxury home in a picturesque & tranquil setting. The homesite is ready for your vision and design.

Investor Tools

$286,160Estimated Mortgage Balance
$55,840Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

Interested in this property?

Laura Powers

Compass RE Texas, LLC - The Woodlands

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$505/month
$3,630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,344
$329,314
2025
$385,208
N/A
$385,208
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,344
$329,314

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American State Bank
Commercial
$306,000
No
First
Dec 20, 2022
Jun 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,160
$55,840
16%
84%
$1,835/mo

City: Hockley