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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
Single Family ResidenceSingle Family Residence
price_per_sqft$218.75 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee 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

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: Hockley

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28450 Melanie Ln | Property Details | No Agent List