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$240,000

301 Hill Street #305, Prairie View, TX, 77445

$250,333 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,926 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.61 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available

Exterior

Lot Size24,742 sqft

Building Information

Stories1
Garage Spaces2

Land Information

APN521000-001-015-000
Lot Number15-16
SubdivisionHillcrest
Land UseResidential
Legal DescriptionS521000 HILLCREST BLK 1 LOT 15 & 16
Census Tract680301
Assessed Land Value$87,420
Assessed Improvement Value$197,500
Assessment Year2025

About this property

Spacious 3-bedroom, 2-bath home with an office, situated on two lots totaling approximately 24,750 square feet in Hempstead. Offering 1,926 square feet of living space, this well-maintained home provides plenty of room for comfortable living, working from home, and entertaining. The layout features generously sized living areas, a functional kitchen and bathrooms that are in good condition, and a dedicated office that provides valuable flex space. The home also features an attached two-car garage, providing convenient parking and additional storage. Major peace-of-mind updates include a roof replaced approximately one year ago, while the AC is in good condition and the home is equipped with gas heating. Outside, the two lot property provides an expansive yard with plenty of room for outdoor activities, gardening, additional parking, or creating your own backyard retreat. A great opportunity for buyers looking for a spacious home with a large amount of land, and functional living space

Investor Tools

$144,876Estimated Mortgage Balance
$151,124Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$250,332
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

Interested in this property?

Patrick Coto

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,605
$284,920
2025
$87,420
$197,500
$284,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,605
$284,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$160,176
No
First
Aug 9, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,876
$151,124
51%
49%
$961/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: Prairie View

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301 Hill Street #305 | Property Details | No Agent List