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$410,000

NAL Estimated Property Value

2402 Dixie Farm Rd, Pearland, TX, 77581

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,956 Sq Ft
price_per_sqft$357.36 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Laminate, Terrazzo, Wood

Exterior

Lot Size1.96 acres

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6515-0020-000
Lot Number13,14
SubdivisionMcginnis
Land UseResidential
Legal DescriptionMCGINNIS (PEARLAND) BLK 2 LOT 13-14
Census Tract660100
Assessed Land Value$88,340
Assessed Improvement Value$288,010
Assessment Year2025

About this property

Nestled amid a serene landscape, this expansive property offers an idyllic setting shaded by majestic oak & magnolia trees, w/ sweet scent of honeysuckle wafting from the fence line. Mature trees grace every corner, presenting a lush tableau ripe for the touch of a green thumb or the laughter of outdoor gatherings. Imagine reviving the garden and many fruit trees w/ a children's playhouse & sweet red barn. Plenty of room for pool, the possibilities are boundless, limited only by your creative vision. The current house, brimming w/ potential, awaits a transformative touch to become the perfect dream home, or it can make way for new construction tailored to your unique desires. Here is your canvas to create a personal oasis where comfort meets nature's splendor. Conveniently located just off Dixie Farm Rd. Simply too much enchantment to capture in words it's an opportunity you must experience firsthand. Pay a visit to this gem before it's too late.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$29,016Estimated Mortgage Balance
$380,984Estimated Equity
92% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,314
$376,350
2025
$88,340
$288,010
$376,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,314
$376,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Shannon Burns Pena
Purchase Money Mortgage
$30,000
No
First
Jul 2, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$29,016
$361,984
92%
7%
$180/mo

City: Pearland

2402 Dixie Farm Rd | Property Details | No Agent List