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$247,000

NAL Estimated Property Value

402 E Smith St, Brazoria, TX, 77422

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,579 Sq Ft
price_per_sqft$157.69 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesFreestanding Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size9,801 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8321-0053-000
Lot Number1
SubdivisionWilson
Land UseResidential
Legal DescriptionWILSON (BRAZORIA) BLK 4 LOT 1A-2A
Census Tract663000
Assessed Land Value$18,010
Assessed Improvement Value$175,660
Assessment Year2025

About this property

This three bedroom, three bathroom home boasts tile flooring, updated interior, and double pane argon filled windows. The spacious kitchen features a large island, Wilsonart countertops, and solid wood cabinets with gas range. HVAC system is 5 years old. 20' by 20' Attached carport with 8" by 8" poles and 2" by 12" beams built to withstand our extreme TX weather. Enjoy the 18' by 26' covered patio with hot tub, privacy fence, and a 14' by 14' storage shed. The property includes a 22 Kilowatt Champion whole house generator with new gas line and high flow gas meter installed April 2025. 10 year warranty and service contract through Buchanan Electric through April 2026. Property is outside of flood zones, this home has been high and dry for the last 60 years! Pictures coming soon.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$247,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,025
$177,156
2025
$18,010
$175,660
$193,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,025
$177,156

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$247,000
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: Brazoria

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402 E Smith St | Property Details | No Agent List