Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$940,000

NAL Estimated Property Value

23900 Old Highway 6, Navasota, TX, 77868

Off MarketInfo
CommercialInfo
Beds1 Beds
Baths1 Bath
Baths1,878 Sq Ft
price_per_sqft$292.81 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Dryer, Electric Water Heater, Water Heater, Washer
FlooringVinyl

Exterior

Lot Size1.25 acres

Building Information

Year Built2023
Stories1

Land Information

APN416465-0001-0010
Lot Number1
SubdivisionMillican Ridge
Land UseVacant Land
Legal DescriptionMILLICAN RIDGE, BLOCK 1, LOT 1
Census Tract002011
Assessed Land Value$70,383
Assessed Improvement Value$256,665
Assessment Year2025

About this property

Discover a unique investment opportunity nestled in the heart of the Millican countryside. Perfectly positioned to capitalize on the growing trend of minimalist living, this property offers a promising venture for investors seeking both financial returns and sustainability. Residents can escape the hustle and bustle of city life and immerse themselves in the serene beauty of this charming community. This idyllic 1.25 acre enclave of three 626 square foot houses offers a unique opportunity to embrace minimalist living without compromising on comfort or style. Each 1 bed/1bath home features wall to wall folding patio doors that expand living space into the outdoors, and each house has its own expansive fenced in back yard. Despite its rural setting, this property boasts excellent access to a wide range of city amenities. Shopping centers, restaurants, entertainment venues, and Texas A&M are just a short drive away, ensuring that residents needs are met without sacrificing the peace and quiet of country living. As an investor, you'll have the opportunity to capitalize on multiple income streams within the community. From long-term rentals to short-term vacation stays, these homes offer flexible options for maximizing occupancy rates and generating consistent rental income throughout the year. All three units are currently leased and total monthly rental income is $3,775.

Investor Tools

Property Icon
$940,000
Estimated Property Value
$355,583Estimated Mortgage Balance
$584,417Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,640 /month
Positive
Cash Flow Estimate:
$1,880 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$473/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$972
$327,048
2025
$70,383
$256,665
$327,048
No

Tax History

Year
Tax Paid
Assessed Value
2024
$972
$327,048

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Verabank Na
Commercial
$375,000
No
First
Jul 20, 2023
Jul 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,583
$584,417
62%
38%
$2,249/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$904/mo
$2,249/mo
$-1,345/mo
1.2%

City: Navasota

23900 Old Highway 6 | Property Details | No Agent List