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$1,700,000

28222 Margerstadt Road, Hockley, TX, 77447

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,512 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$1,124.34 / sqft
Year BuiltBuilt in 1936

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDisposal, Oven, Electric Range, Dishwasher, Cooktop
FlooringTile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size12.18 acres

Building Information

Year Built2007
Stories1
Garage Spaces1

Land Information

APN302300-005-000-100
SubdivisionA-23 Jesse Denson
Land UseAgriculture / Farming
Legal DescriptionABS A302300 A-23 JESSE DENSON TRACT 5 ACRES 12.1763 P/O 20.3753 AC BALANCE IN HARRIS COUNTY P/O 20.3753 AC BALANCE IN HARRIS
Census Tract680601
Assessed Land Value$1,440
Assessed Improvement Value$3,850
Assessment Year2025

About this property

Discover over 12 acres of unrestricted Texas countryside with agricultural exemption and endless potential. This versatile property is equipped for agricultural, residential, or commercial use and features multiple barns with stalls, pastures, livestock pens, dog kennels, storage sheds, a large workshop, and extensive farm infrastructure. Three covered RV spaces with 50 amp service, a detached carport, and a climate controlled two room office building provide flexibility for business operations, guest accommodations, or hobby space. The 3 bedroom, 2 bath home offers updated flooring, oak cabinetry, a kitchen island, and storm windows. Additional highlights include a pond, well, septic system, solar and motion activated lighting, gated pastures, mature shade trees, abundant parking, and no restrictions. Mobile homes located in Harris County are not included in the sale of the Waller County property. On Harris county side, they may be purchased separately and available for negotiation.

Investor Tools

$670,055Estimated Mortgage Balance
$5,290Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

Interested in this property?

Noe Farias

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$5/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$31
$5,290
2025
$1,440
$3,850
$604,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$31
$5,290

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Farm Credit Mid America Pca
Unknown
$680,000
No
First
Jul 9, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$670,055
N/A
0%
12666%
$4,077/mo

City: Hockley

28222 Margerstadt Road | Property Details | No Agent List