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$159,900

24788 Marks Road, Splendora, TX, 77372

$207,870 ARVInfo
On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,190 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.37 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyOff-Market ListARV FlipAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Microwave, Electric Range, Free-Standing Range, Dishwasher
FlooringVinyl

Exterior

Lot Size3 acres

Building Information

Year Built1955
Stories1
Roof Type105

Land Information

APN8940-02-00800
Lot Number27
SubdivisionSplendora Farms 02
Land UseResidential
Legal DescriptionS894002 - SPLENDORA FARMS 02, LOT 27, ACRES 3
Census Tract692900
Assessed Land Value$45,000
Assessed Improvement Value$68,442
Assessment Year2025

About this property

Fully renovated 3-bedroom home on a spacious 0.75 acre lot in Splendora offering plenty of outdoor space. Recent improvements include new HVAC system, new electrical panel, new wiring and dedicated plugs for the hot water heater, range, HVAC, and dryer, and new foundation leveling, providing peace of mind for major mechanical systems. Interior updates include new flooring, an updated kitchen, fresh interior and exterior paint, and modern fixtures throughout, creating a clean and move-in ready living space. The home features a bright living area and comfortable bedrooms with ample natural light. Exterior improvements include metal roof sealing and refreshed siding and trim. The deep 75 x 435 lot provides generous outdoor space with mature trees and room for additional outdoor uses such as outdoor activities, parking, gardening, or projects. Conveniently located with access to Highway 59 while still offering the space of country living. Lots next to it also available.

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$207,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$978 /month
Positive
Cash Flow Estimate:
$326 /month

Interested in this property?

Derick Townsend

Morine Empire Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$86
$91,161
2025
$45,000
$68,442
$113,442
No

Tax History

Year
Tax Paid
Assessed Value
2024
$86
$91,161

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$163,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Splendora

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24788 Marks Road | Property Details | No Agent List