22Days on Market

1view

$2,250

307 Lawrence St, Tomball, TX, 77375

On Market

3 Beds

1 Bath

1,527 Sq Ft

Single Family Residence

$1.47 / sqft

Built in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Refrigerator, Dishwasher

FlooringLaminate, Tile, Wood

Exterior

Lot Size14,000 sqft

Building Information

Year Built1995

Stories1

Garage Spaces2

Land Information

APN0670990060009

Lot Number9,10

SubdivisionMain Street - Tomball

Land UseResidential

Legal DescriptionLTS 9 & 10 BLK 6 MAIN STREET - TOMBALL

Census Tract555404

Assessed Land Value$178,500

Assessed Improvement Value$225,281

Assessment Year2025

About this property

SEARCHING FOR AN AMAZING LEASE PROPERTY in THE HEART OF TOMBALL, well, this is it!! This pristine single story, 3-bedroom, 2 bath home has an amazing line up of features! LOCATION of course, close to everything & within walking distance to shopping, restaurants, coffee shops and more. SQUARE FOOTAGE, this home has 1527 square feet of living space & sits on 7000 sq ft of property! As you enter the home you will find spacious living, dining & kitchen areas. The PRIMARY BEDROOM is HUGE & has a vaulted ceiling, & easily accommodates a king bed, sitting area or home office. Other features include an ensuite bathroom & walk in closet. Both secondary bedrooms are generously sized & located beside the hall bath. Something missing from many Tomball leases is a GARAGE, and this property has an oversized 2 car detached garage & a long driveway to facilitate extra parking. Tomball ISD. Close to the Farmers Market, Parks, Music Venues & more. Hurry, this one won't last long!!

Investor Tools

$403,781

Estimated Property Value

$52,800Estimated Mortgage Balance

$392,189Estimated Equity

87% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,423 /month

Positive

Cash Flow Estimate:

$808 /month

Interested in this property?

Bari Pace

Texas Legacy Properties

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$281/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,359

$403,781

2025

$178,500

$225,281

$403,781

Tax History

Year

Tax Paid

Assessed Value

2024

$1,359

$403,781

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Klein Bank

Building Or Construction Loan

$52,800

First

Sep 13, 2000

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$11,805

$391,976

97%

$317/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,910/mo

$317/mo

+$1,593/mo

5.7%

Learn About the Market: Opportunity in Texas

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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.

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