Last 24 Hours
$273,000
NAL Estimated Property Value24893 Rainbow Ln, New Caney, TX, 77357
$279,379 ARV
Off Market
4 Beds
3 Bath
2,089 Sq Ft
$93.35 / sqft
Built in 1981Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 4
Bathrooms Full 2Bathrooms Half 1
Garage Available
Heating Central
CoolingExterior
Lot Size1.12 acres
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces9
Land Information
APN0509-00-00317
SubdivisionShort M H
Land UseResidential
Legal DescriptionA0509 - SHORT M H, TRACT 3B-3, ACRES 1.121
Census Tract692802
Assessed Land Value$50,445
Assessed Improvement Value$194,572
Assessment Year2025
About this property
Sold as-is on an oversized 1+ acre lot in New Caney. Located at the end of a quiet dead-end street and backing up to a newer subdivision. Features a large detached garage (needs work) and an additional shed for storage. Great opportunity for investors or buyers looking for space, privacy, and potential in a growing area.
Investor Tools
$273,000
Estimated Property Value
$271,471Estimated Mortgage Balance
$273,000Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$279,378
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,147
$245,017
2025
$50,445
$194,572
$245,017
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,147
$245,017
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Conventional
$275,500
No
First
Jul 18, 2025
Aug 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$271,471
$74,529
21%
99%
$1,652/mo
12.4%