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$899,000

24943 Fm 2090 Road, Splendora, TX, 77372

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths2 Bath
Baths1,539 Sq Ft
price_per_sqft$584.15 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 2Bathrooms 2
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesGas Oven, Gas Range, Dishwasher
FlooringBrick, Carpet

Exterior

Private PoolPrivate Pool
Lot Size13,852 sqft

Building Information

Year Built2003

Land Information

APN8940-01-00101
SubdivisionSplendora Farms 01
Land UseCommercial
Legal DescriptionS894001 - SPLENDORA FARMS 01, LOT TR 1-A, ACRES 0.318
Census Tract692900
Assessed Land Value$55,408
Assessed Improvement Value$123,968
Assessment Year2025

About this property

Exceptional opportunity to own 5+ acres of versatile land in the rapidly expanding Splendora area. Ideally positioned at the corner of FM 2090 and Goodson Rd, this property offers excellent dual-road frontage and outstanding exposure for future development. Conveniently located just minutes from US-59/I-69 and a short drive to the Grand Parkway (TX-99). The property features a lightly wooded landscape with a pond, creating a unique blend of natural appeal and development potential. With no zoning restrictions noted, investors and developers have flexibility to bring a variety of visions to life. Additionally, the tract includes an existing single-family home, offering potential for renovation, rental income, or on-site office use. Situated in a high-growth corridor with nearby businesses and ongoing development, this property presents a rare chance to secure acreage in a location poised for continued expansion.

Investor Tools

$227,071Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

Interested in this property?

Anne Vickery

Anne Vickery & Associates Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,208
$179,376
2025
$55,408
$123,968
$179,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,208
$179,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southside Bank
Purchase Money Mortgage
$148,000
No
First
Sep 8, 2021
Sep 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,071
N/A
0%
127%
$1,488/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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24943 Fm 2090 Road | Property Details | No Agent List