Last 24 Hours
$159,000
NAL Estimated Property Value406 Martin Luther King Jr Pkwy, Brenham, TX, 77833
Off Market
2 Beds
1 Bath
939 Sq Ft
Single Family Residence
$159.74 / sqft
Built in 1935Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Bedrooms 2
Bathrooms Full 1Exterior
Lot Size7,932 sqft
Building Information
Year Built2024
Land Information
APN5000-000-17000
SubdivisionRippitoes
Land UseResidential
Legal DescriptionRIPPITOES , LOT PT 17, (406 W ACADEMY)
Census Tract170201
Assessed Land Value$50,300
Assessed Improvement Value$92,030
Assessment Year2025
About this property
Charming, 2/1 antique home within walking distance of conveniences and historic, downtown Brenham! This rental property is being sold as is and possession at closing on all offers will be subject to tenant vacancy.
Investor Tools
$159,000
Estimated Property Value
$0Estimated Mortgage Balance
$159,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$954 /month
Positive
Cash Flow Estimate:
$318 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$264/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,368
$142,330
2025
$50,300
$92,030
$142,330
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,368
$142,330
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$160,000
100%
0%
$0/mo
12.4%