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$351,000

NAL Estimated Property Value

320 E Rocket Rd, Lorena, TX, 76655

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,084 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size2.50 acres

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440016000375000
SubdivisionGalindo I
Land UseResidential
Legal DescriptionGALINDO I TRACT 18 1A49 ACRES 2.5
Census Tract003701
Assessed Land Value$54,710
Assessed Improvement Value$140,080
Assessment Year2025

About this property

Come and See this Hidden Gem that could be your new homes site! 9 +/- acres of beautiful mature trees, just waiting for you to make it your own! The West and South side of the property adjoin farmland for privacy. The west side of the property is open to use as farmland or a nice garden! Schedule your tour today!

Investor Tools

Property Icon
$351,000
Estimated Property Value
$0Estimated Mortgage Balance
$351,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,107
$176,946
2025
$54,710
$140,080
$194,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,107
$176,946

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$351,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,170/mo
N/A
+$1,170/mo
4.0%

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: Lorena

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320 E Rocket Rd | Property Details | No Agent List