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$340,000

307 Pine Lane 5, Crosby, TX, 77532

On MarketInfo
Just AddedInfo
CommercialInfo
Beds5 Beds
Baths2 Bath
Baths1,475 Sq Ft
Multi FamilyMulti Family
price_per_sqft$230.51 / sqft
Year BuiltBuilt in 1945

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size33,977 sqft

Building Information

Year Built1945

Land Information

APN0450950000100
Land UseResidential
Legal DescriptionTR 7L ABST 791 T TOBY
Census Tract252700
Assessed Land Value$84,943
Assessed Improvement Value$47,057
Assessment Year2025

About this property

This versatile property offers a unique multi-structure setup on a generously sized lot with frontage along Pine Street and access near Krenek Road. The site includes a single-family residence, two manufactured homes in need of updates, and a duplex (not pictured), creating multiple income and redevelopment opportunities. The duplex is currently tenant-occupied, providing immediate cash flow. The additional structures offer value-add potential for renovation, rental optimization, or repositioning depending on the buyer’s strategy. Surrounded by mature trees and set within an established area, the property provides flexibility for an investor or owner seeking a mix of current income and future upside. Ideal for those looking to expand a rental portfolio, renovate existing units, or explore long-term development potential

Investor Tools

$0Estimated Mortgage Balance
$239,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Ricki Robling

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$909
$132,000
2025
$84,943
$47,057
$132,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$909
$132,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.6%

City: Crosby