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$1,695,000

36847 0002 Richard Frey Road Drive, Hempstead, TX, 77445

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths4 Bath
Baths7,500 Sq Ft
price_per_sqft$226 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4

Exterior

Lot Size20 acres

Building Information

Year Built2020
Stories1

Land Information

APN329400-003-000-100
SubdivisionA-294 W C Compton
Land UseCommercial
Legal DescriptionABS A329400 A-294 W C COMPTON TRACT 3 ACRES 20.0
Census Tract680501
Assessed Land Value$102,190
Assessed Improvement Value$495,310
Assessment Year2025

About this property

New, High ceiling, High-Tech foam insulated Premium building on 3 acres with 17 acres additional. 20 Acres total. Designed for Semi-truck logistics. Huge Ingress and Egress gates. Huge Circular Driveways. 4 Large/Tall Overhang Doors to fit semi-trucks to drive through. Prem Insulation where A/C is not needed even in summer time. First floor is 6,000 sq ft including 1,500 sq for office space. Also approx. 4,000 sq ft of outdoor covered usable concrete space. 2nd floor has 1,500 sq ft office space build to suit. Bright LED lighting and security cameras. 2 Wells. 20-acre rectangular tract. High volume output well available. Ideal for a variety of uses. Build your dream home. Large scenic pond located at the rear of the property enhances the serene atmosphere, providing a picturesque backdrop and tranquil setting. Enjoy the perfect balance of privacy and convenience just far enough from town.

Investor Tools

$0Estimated Mortgage Balance
$597,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

Interested in this property?

Mitchell Haynes

BuyBroker

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$689/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,276
$597,500
2025
$102,190
$495,310
$1,129,824
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,276
$597,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$597,500
100%
0%
$0/mo

City: Hempstead