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$385,000

NAL Estimated Property Value

28607 Fm 2090 Rd, Splendora, TX, 77372

Off MarketInfo
Beds— Beds
Baths1 Bath
Baths1,600 Sq Ft
price_per_sqft$125 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating ElectricHeating Electric

Exterior

Lot Size4.50 acres

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8920-00-00300
Lot Number1
SubdivisionSplendora Estates
Land UseResidential
Legal DescriptionSPLENDORA ESTATES BLK 2 LOT 1
Census Tract692803
Assessed Land Value$112,500
Assessed Improvement Value$83,658
Assessment Year2025

About this property

Here's your chance to own 5 acres in the highly sought out Splendora area! This land includes a 1600 sq ft home, that will need to be torn down or complete remodel. Long driveway directly off of FM 2090 or private driveway on the other side of the property. Thick wooded tree line offers ample privacy and sound barrier from the road. Land already has all utilities. SELLING FOR LAND VALUE ONLY!!! This is your chance to build your dream home or use for commercial reasons! No restrictions Please do not drive on the property without an agent, as people do still live there.

Investor Tools

Property Icon
$385,000
Estimated Property Value
$109,683Estimated Mortgage Balance
$275,317Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$499/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,064
$196,158
2025
$112,500
$83,658
$196,158
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,064
$196,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Charles C Fowler
Purchase Money Mortgage
$125,000
No
First
Feb 4, 2020
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,683
$283,317
72%
28%
$750/mo

City: Splendora

28607 Fm 2090 Rd | Property Details | No Agent List