$119,000
24558 Green Forest Dr, Splendora, TX, 77372
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
About this property
Rare opportunity to pick up approximately 1 acre with major infrastructure already in place. ? 3 electrical poles on site ? 2 water meters already connected ? Property has never flooded ? Three existing structures on the property The existing improvements will require extensive rehabilitation or demolition, making this an ideal opportunity for an investor, builder, or someone looking for a redevelopment project with utilities already in place.
Investor Tools
$0Estimated Mortgage Balance
$137,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$131/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$885
$46,834
2025
N/A
$46,834
$46,834
No
Tax History
Year
Tax Paid
Assessed Value
2024
$885
$46,834
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$137,000
100%
0%
$0/mo
