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Days38Days on Market
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$289,900

$295,000

29055 Pearl Barley Way, Hockley, TX, 77447

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths1,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.12 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size13,098 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1429260030023
Lot Number23
Land UseResidential Single Family
Legal DescriptionLT 23 BLK 3 GRAND PRAIRIE HIGHLANDS SEC 2
Census Tract543100
Assessed Land Value$61,695
Assessed Improvement Value$242,372
Assessment Year2025

About this property

** Seller has assumable FHA at 3.75% APR, inquire with your agent for qualification ** Situated on an oversized lot, this spacious two-story home features 4 bedrooms, 2.5 baths, and just under 2,000 sq ft! Open-concept layout connects the kitchen, dining, and living areas, creating a bright and functional space. Private first-floor owner’s suite plus a convenient half bath for guests. Upstairs offers a large game room and three secondary bedrooms. Located in the Grand Prairie master-planned community with resort-style amenities including pools, splash pad, parks, lakes, and walking trails. Conveniently just off Hwy 290 with easy access to Grand Parkway (99), near Houston Premium Outlets, HEB, Costco, and more. A growing area with strong location and lifestyle appeal!

Investor Tools

Property Icon
$304,067
Estimated Property Value
$294,566Estimated Mortgage Balance
$18,263Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

Interested in this property?

Jadi Lopez

South Real Estate and Contemporary Art

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$304,067
2025
$61,695
$242,372
$304,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$304,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$294,566
Yes
First
Nov 27, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,804
$18,263
6%
94%
$1,767/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,967/mo
$-467/mo
9.9%

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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29055 Pearl Barley Way | Property Details | No Agent List