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$919,380

NAL Estimated Property Value

2628 Fm 359 Road, Pattison, TX, 77423

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,084 Sq Ft
price_per_sqft$719.77 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2

Exterior

Lot Size16.02 acres

Building Information

Stories1
Garage Spaces4

Land Information

APN303100-197-000-100
SubdivisionA-31 Samuel C Hady
Land UseAgriculture / Farming
Legal DescriptionABS A303100 A-31 SAMUEL C HADY TRACT 197 ACRES 16.02
Census Tract680201
Assessed Land Value$703,770
Assessed Improvement Value$215,610
Assessment Year2025

About this property

Residential or Commercial! Discover the endless possibilities, this versatile property offers the rare opportunity for both residential and commercial use, making it an excellent investment for homeowners, business owners, or developers seeking a prime location with exceptional visibility. Situated along highly traveled FM 359, this property provides convenient access to major highways while maintaining the charm and growth potential of the Brookshire area. Whether you're looking to build your dream home, establish a business, create a live/work space, or invest in a rapidly developing corridor, this property offers the flexibility to bring your vision to life. Don't miss this unique opportunity to own a property with outstanding potential in one of the fastest-growing areas west of Houston. With Tesla bringing a major manufacturing operation and new jobs to Brookshire, Royal ISD planning a future high school in Pattison. Schedule your private tour today!

Investor Tools

Property Icon
$919,380
Estimated Property Value
$485,917Estimated Mortgage Balance
$433,463Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,674/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,492
$919,380
2025
$703,770
$215,610
$919,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,492
$919,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Julius S Ginn
Purchase Money Mortgage
$546,939
No
First
Oct 20, 2020
Oct 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$485,917
$433,463
47%
53%
$3,280/mo

City: Pattison

2628 Fm 359 Road | Property Details | No Agent List