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$725,000

38 Martha Ln, Huntsville, TX, 77320

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,405 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$516.01 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
AppliancesMicrowave, Dishwasher
FlooringTile, Wood

Exterior

Exterior FeaturesBoat Ramp
Lot Size3.54 acres

Land Information

APN10179 01
SubdivisionBernard G (A-5)
Land UseSingle Family Residential
Legal DescriptionBERNARD G (A-5), TRACT 6, ACRES 3.536
Census Tract790103
Assessed Land Value$101,200
Assessed Improvement Value$142,140
Assessment Year2024

About this property

This is a rare waterfront retreat on over 5.5 acres near Lake Livingston. This unique property features hundreds of feet of waterfront along a river that flows directly into the lake, making it ideal for full time living, weekend getaways, vacation rentals, or a retreat. The property offers two spacious primary bedroom suites, plus a remodeled 1 bedroom apartment perfect for guests, rental income, or extended family. Enjoy over 1,000 SqFt of wrap-around porch and decking with peaceful water views. Outside, enjoy a private concrete boat launching pad, fishing, swimming, boating access, biking, walking trails, an outdoor fire pit, and a waterfront deck perfect for entertaining. The impressive Party Barn and oversized metal building/garage with approximately 380 SqFt of covered roofing provide ample space for storage, equipment, entertaining, or future expansion. The corner tract also offers access from two separate streets for added convenience and flexibility.

Investor Tools

$0Estimated Mortgage Balance
$251,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

Interested in this property?

Brock Duncan

Ignite Real Estate Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,445
$243,340
2024
$101,200
$142,140
$243,340
No

Tax History

Year
Tax Paid
Assessed Value
2023
$3,445
$243,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$251,000
100%
0%
$0/mo

City: Huntsville

38 Martha Ln | Property Details | No Agent List