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Days481Days on Market
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$1,450,548

25452 Ipes Rd, Splendora, TX, 77372

On MarketInfo
Beds2 Beds
Baths1,673 Sq Ft
DuplexDuplex
price_per_sqft$867.03 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
FlooringLaminate

Building Information

Year Built1990
Stories1

Land Information

APN5175-01-01108
Lot Number11-A
SubdivisionFrazier Lane 01
Land UseResidential
Legal DescriptionS517501 - FRAZIER LANE 01, LOT 11-A, SERIAL # UNKNOWN, LABEL # UNKNOWN, IMP ONLY
Census Tract692803
Assessed Improvement Value$6,328
Assessment Year2025

About this property

1.8-acre (78,843.3 SF) property ideally suited for multi-family residential development. Excellent investment opportunity for a mobile home park or multi-family housing project. Utilities provided by the City of Splendora and is within the Splendora Independent School District (ISD). It’s just a short walk to Ipes Sports Park and is conveniently located near "Splendora Fields," a 300-home subdivision. Easy access to I-69 (Hwy 59) and FM 2090, Grand TX Theme Park is just one mile away. Hwy 99 (Grand Parkway) is four miles from the site, Houston and IAH Bush Airport – Approx 30 min

Investor Tools

$0Estimated Mortgage Balance
$96,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,703 /month
Positive
Cash Flow Estimate:
$2,901 /month

Interested in this property?

Anne Vickery

Anne Vickery & Associates Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$52/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$143
$6,328
2025
N/A
$6,328
$6,328
No

Tax History

Year
Tax Paid
Assessed Value
2024
$143
$6,328

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,000
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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25452 Ipes Rd | Property Details | No Agent List