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$3,750,000

24118 Margerstadt Road, Hockley, TX, 77447

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths5,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$689.85 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesDisposal, Ice Maker, Double Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher, Oven, Refrigerator
FlooringTile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built2016
Stories1
Garage Spaces3

Land Information

APN302300-006-002-600
SubdivisionA-23 Jesse Denson
Land UseAgriculture / Farming
Legal DescriptionABS A302300 A-23 JESSE DENSON TRACT 6-2 & 6-4 IMP ONLY SN1 PHH330TX1620555A HUD# PFS1179253
Census Tract680601
Assessed Improvement Value$133,830
Assessment Year2025

About this property

Beyond the gates, 19 AG-exempt acres unfold into a thoughtfully engineered equestrian estate. The 5,436 SF custom residence offers airy, vaulted living spaces, refined finishes, and expansive views stretching across the pastures, arena, pond, and open sky. This spacious home is paired with infrastructure rarely found at this level of acreage living. Purposefully built for serious equestrian use, the property features a regulation dressage arena with professionally engineered footing, irrigation, and a full-length mirror. Cross-fenced pastures and a fully insulated 6-stall barn with oversized stalls, wash bays, geo-grid turnout runs, and a climate-controlled tack and feed room add to this property's amenities. Additional improvements include a 1,200 SF insulated workshop, 60kW whole property generator with 400 amp service, powered pond with extensive underground drainage infrastructure, private well water distribution, fiber connectivity, and deed restrictions without HOA oversight.

Investor Tools

$0Estimated Mortgage Balance
$133,830Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$22,500 /month
Positive
Cash Flow Estimate:
$7,500 /month

Interested in this property?

Diane Kingshill

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$56/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$133,830
2025
N/A
$133,830
$133,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$133,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$133,830
100%
0%
$0/mo

City: Hockley