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$99,000

NAL Estimated Property Value

28220 Southampton, New Caney, TX, 77357

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths840 Sq Ft
price_per_sqft$117.86 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size27,650 sqft

Land Information

APN6432-02-67300
Lot Number78
SubdivisionKings Colony 02
Land UseResidential Single Family
Legal DescriptionKINGS COLONY 02, BLOCK 11, LOT 78
Census Tract692802
Assessed Land Value$42,500
Assessed Improvement Value$19,382
Assessment Year2025

About this property

Discover the charm of country living at 28220 Southampton Dr in New Caney, a unique property sitting on an expansive 27,652 sq. ft. lot that blends peace, space, and income-producing potential. As you enter, you’ll find a cozy 870 sq. ft. main home featuring 3 bedrooms and 2 full baths, thoughtfully designed for comfort and simplicity, perfect for anyone seeking a quiet lifestyle just outside the city. Behind the main home, two additional units—a studio apartment and a 1-bedroom apartment—create instant value, each leased for $700/month, offering built-in cash flow from day one. With its own water well and septic system, the property provides low utility costs and true independence, while the generous land offers endless possibilities for expansion, small animals, outdoor projects, or simply enjoying open space under the Texas sky. This is more than a home—it's a lifestyle, an investment, and a rare chance to own a piece of peaceful living with income already in place.

Investor Tools

Property Icon
$99,000
Estimated Property Value
$69,798Estimated Mortgage Balance
$29,202Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$594 /month
Positive
Cash Flow Estimate:
$198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$108/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$803
$61,882
2025
$42,500
$19,382
$61,882
No

Tax History

Year
Tax Paid
Assessed Value
2024
$803
$61,882

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jet Lending Llc
Unknown
$70,000
No
First
Mar 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,798
$29,202
29%
71%
$420/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.

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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: New Caney

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28220 Southampton | Property Details | No Agent List