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$178,000

NAL Estimated Property Value

24019 Running Iron Drive, Hockley, TX, 77447

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths901 Sq Ft
price_per_sqft$194.12 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Electric Oven, Oven, Electric Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Lot Size6,090 sqft

Building Information

Year Built1983
Stories1
Garage Spaces1

Land Information

APN1146430010031
Lot Number31
SubdivisionRanch Country
Land UseResidential
Legal DescriptionLT 31 BLK 1 RANCH COUNTRY SEC 3
Census Tract556000
Assessed Land Value$34,165
Assessed Improvement Value$112,677
Assessment Year2025

About this property

Well maintained 2-1-1 in Ranch Country ready for move in! Home has been nicely maintained by owner of 20 years. Recent HVAC installed 8/1/2019, 3 Ton Trane unit $6800.00. Roof approximately 8 years old. Dishwasher, washer and dryer approximately 4 years old. Home has a nice open floor plan and receives great natural light throughout the day. Home is spacious with generous bedroom sizes. Kitchen has nice space, and it is open to living room and breakfast area. Garage door conveniently located just off kitchen to bring in groceries etc. Home sits on a nicely sized lot and has an amazing 20x12 storage shed. This more than makes up for just one garage space. You can fit anything and everything inside this shed. Backyard is still spacious and there is a nice side yard with patio once you step outside your living room. This is a wonderful home at an affordable price in a great neighborhood. Add this one to your list and I am sure you won't regret it!

Investor Tools

Property Icon
$178,000
Estimated Property Value
$0Estimated Mortgage Balance
$178,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,172
$146,842
2025
$34,165
$112,677
$146,842
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,172
$146,842

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$178,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$250/mo
+$1,220/mo
9.9%

City: Hockley

24019 Running Iron Drive | Property Details | No Agent List