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$220,000

23515 Hay Rake Court, Hockley, TX, 77447

$262,030 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,412 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.81 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size4,609 sqft

Building Information

Year Built2023
Garage Spaces1

Land Information

APN1463930010031
Lot Number31
Land UseResidential
Legal DescriptionLT 31 BLK 1 WINDROW SEC 7
Census Tract556000
Assessed Land Value$44,209
Assessed Improvement Value$206,116
Assessment Year2025

About this property

Opportunity awaits at 23515 Hay Rake Ct in Hockley's Windrow community. Built in 2023, this 3-bedroom, 2-bath home offers approximately 1,408 square feet with an open concept layout, spacious living area, island kitchen with granite countertops, and a private primary suite. Features include wood like plank flooring, a covered patio, and attached 2-car garage. The functional floor plan and newer construction provide a strong foundation for investors, flippers, landlords, or buyers looking to add their own finishing touches. Property is being sold AS-IS. Seller will make no repairs. Conveniently located with access to major roadways, shopping, dining, and area amenities. Don't miss this opportunity to purchase below replacement cost and unlock the property's potential.

Investor Tools

$0Estimated Mortgage Balance
$250,325Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$262,029
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,502 /month
Positive
Cash Flow Estimate:
$501 /month

Interested in this property?

Dawn Lawrence

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
$880/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,965
$250,325
2025
$44,209
$206,116
$250,325
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,965
$250,325

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$250,325
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$880/mo
+$1,060/mo
9.3%

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.

Explore Texas Explore This Area
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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23515 Hay Rake Court | Property Details | No Agent List