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Days15Days on Market
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$2,400

33618 Falcon Spring St, Hockley, TX, 77447

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths784 Sq Ft
price_per_sqft$3.06 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available

Exterior

Lot Size21,780 sqft

Building Information

Garage Spaces16

Land Information

APN1163510010058
Lot Number58
SubdivisionGreenland Square U/R
Land UseResidential
Legal DescriptionLT 58 BLK 1 GREENLAND SQUARE U/R
Census Tract543100
Assessed Land Value$70,785
Assessed Improvement Value$41,795
Assessment Year2025

About this property

Unlock the potential of this no-restriction 0.5-acre lot, perfectly suited for a mechanic shop or small business This rare hybrid property allows you to combine your professional workshop and residence in one secure location. Key Features include a Massive Workshop: A 4,920 sq ft steel structure (60’x82’) built in 2019, providing expansive covered space for vehicles and heavy equipment. Secure Perimeter: The entire 21,780 sq ft level lot is fully fenced with high-quality black iron and a gated entry. On-Site Office/Home: Includes a 784 sq ft, 3-bedroom, 1-bathroom residence. Features central HVAC and a modern kitchen with updated white cabinetry. Situated on a paved road within the Waller ISD. Don’t miss this versatile opportunity to live and work on-site with ample room for parking and storage. Contact us today to schedule a tour!

Investor Tools

$0Estimated Mortgage Balance
$306,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,836 /month
Positive
Cash Flow Estimate:
$612 /month

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Jorge Armendariz

Real Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$794
$112,580
2025
$70,785
$41,795
$112,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$794
$112,580

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$208,000
100%
0%
$0/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: Hockley

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33618 Falcon Spring St | Property Details | No Agent List