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$371,200

NAL Estimated Property Value

406 Greenhouse Rd, Martindale, TX, 78655

Off MarketInfo
CommercialInfo
Beds— Beds
Baths— Bath
Baths41,000 Sq Ft
price_per_sqft$5.49 / sqft
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —
FlooringSee Remarks

Exterior

Lot Size4 acres

Building Information

Year Built1984
Stories1

Land Information

APN1000021-018-110-00 02
SubdivisionPettus, William
Land UseReal - Commercial
Legal DescriptionA021 PETTUS, WILLIAM, ACRES 4.0, ** C & J GREENHOUSES** (BACKUS ESTATES) ** C & J GREENHOUSES** (BACKUS ESTATES)
Census Tract960501
Assessed Land Value$242,580
Assessed Improvement Value$128,620
Assessment Year2023

About this property

Office + 23 greenhouses each appx 20' x 95', plus one 20' x 50' greenhouse. Framing/construction of the buildings seems generally sound. Most of the buildings need new roofs and walls. Approximately 4 acre site. No zoning or restrictions. Martindale Water Supply Company line in road. Also well on site. Bluebonnet Electric. Septic needed. Privately maintained road.

Investor Tools

Property Icon
$371,200
Estimated Property Value
$0Estimated Mortgage Balance
$371,200Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,227 /month
Positive
Cash Flow Estimate:
$742 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,081
$371,200
2023
$242,580
$128,620
$371,200
No

Tax History

Year
Tax Paid
Assessed Value
2022
$2,081
$371,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,200
100%
0%
$0/mo

City: Martindale