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$175,000

NAL Estimated Property Value

24223 Kennedy Ranch Ln, Hockley, TX, 77447

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths901 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.23 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Cooktop, Electric Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,299 sqft

Building Information

Year Built1982
Stories1
Garage Spaces1

Land Information

APN1146480050014
Lot Number14
SubdivisionRanch Country
Land UseResidential
Legal DescriptionLT 14 BLK 5 RANCH COUNTRY SEC 8
Census Tract556000
Assessed Land Value$34,650
Assessed Improvement Value$110,576
Assessment Year2025

About this property

Open and bright home in nice, clean subdivision. Spacious living with a fenced-in backyard. House has an attached 1-car garage. Easy access to US-290, Grand Parkway, and Highway 6! Landlord requires a 2 or 3 year lease. Property will be ready for move-in 05/8/2021.

Investor Tools

Property Icon
$175,000
Estimated Property Value
$68,466Estimated Mortgage Balance
$106,534Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,149
$145,226
2025
$34,650
$110,576
$145,226
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,149
$145,226

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tvc Funding Iii Llc
Arm (Adjustable Rate Mortgage)
$75,750
No
First
Mar 27, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$68,466
$109,534
61%
39%
$431/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$431/mo
+$1,039/mo
10.1%

City: Hockley

24223 Kennedy Ranch Ln | Property Details | No Agent List