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$654,000

NAL Estimated Property Value

28450 Melanie Ln, Hockley, TX, 77447

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,824 Sq Ft
price_per_sqft$218.75 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Microwave, Electric Range, Electric Oven
FlooringTile

Exterior

Lot Size3 acres

Building Information

Year Built2000
Stories1

Land Information

APN494000-013-001-100
Lot Number1-13
SubdivisionFurnace
Land UseResidential
Legal DescriptionS494000 FURNACE LOT 13-1 ACRES 3. P/O 5.0 ACS P/O 5.0 ACS
Census Tract680601
Assessed Land Value$249,000
Assessed Improvement Value$138,690
Assessment Year2025

About this property

Bring the horses and the kids to your very own private country estate. Located near the end of Melanie Lane you will find a fantastic 3-bedroom 2-bath home with a great front porch overlooking the pool and beautiful views of the countryside. This 5-acre property gives you room to roam and play. The barn features great storage, a tack room and two stalls for your horses along with a 55-gallon auto-timer fly spray system with 8-nozzles. In addition there's a workshop with a nice front porch for winding down. You don't want to miss this property. It has all the attributes one looks for in a beautiful country place.

Investor Tools

Property Icon
$654,000
Estimated Property Value
$0Estimated Mortgage Balance
$654,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,924 /month
Positive
Cash Flow Estimate:
$1,308 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,601
$387,690
2025
$249,000
$138,690
$387,690
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,601
$387,690

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$622,000
100%
0%
$0/mo

City: Hockley