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$325,000

24895 Lakewood Drive, Splendora, TX, 77372

On MarketInfo
Baths0 Bath
Baths1,064 Sq Ft

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size20,000 sqft

Building Information

Year Built1980
Stories1

Land Information

APN6745-02-06400
Lot Number63
SubdivisionLake Splendora 02
Land UseResidential
Legal DescriptionLAKE SPLENDORA 02, LOT 63, MH SERIAL # TXFL1AC120304753, LABEL # UNK, ACRES 0.460
Census Tract692702
Assessed Land Value$28,000
Assessed Improvement Value$23,337
Assessment Year2025

About this property

Commercial property available for sale or lease, offering a food truck park ready site suitable for multi vendor food truck, outdoor dining, or experiential commercial use. The property layout supports vendor pads, & flexible gathering space, allowing tenants to activate the site efficiently. The property features strong visibility, easy access, and on-site parking. Utilities are positioned to support multiple users, including power & water. This property is outside city limits and can also accommodate alternative uses such as a small brewery or taproom with food trucks, ghost kitchen operations, container retail or farmers/artisan markets. The site offers flexibility for a single operator or multi-tenant configuration, depending on use and lease structure. Ideal for operators seeking an adaptable outdoor hospitality or experiential retail location. Contact listing agent for more information.

Investor Tools

$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Vanessa Hagler

Styled Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$970
$51,337
2025
$28,000
$23,337
$51,337
No

Tax History

Year
Tax Paid
Assessed Value
2024
$970
$51,337

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
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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24895 Lakewood Drive | Property Details | No Agent List