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$211,820

NAL Estimated Property Value

40820 Fm 529, Hempstead, TX, 77445

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,560 Sq Ft
price_per_sqft$336.54 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
AppliancesElectric Oven, Electric Range, Free-Standing Range
FlooringCarpet, Tile

Exterior

Lot Size29.28 acres

Building Information

Stories1

Land Information

APN304800-016-000-100
SubdivisionA-48 Juan A Padillo
Land UseAgriculture / Farming
Legal DescriptionABS A304800 A-48 JUAN A PADILLO TRACT 16 ACRES 29.276
Census Tract680501
Assessed Land Value$19,310
Assessed Improvement Value$192,510
Assessment Year2025

About this property

Looking for land to stretch your legs that's only about 30 minutes from Houston? Look no further! The In God's Hands Realty team proudly presents 30+ acres of CLEARED land, minutes from Hwy 290, I-10 & Hwy 99! Great for ranching and farming, this property includes an automatic electric gate, is fully fenced AND cross fenced for easy cattle management, offers corrals, chutes, gates, a working water well & newer aerobic septic system. This property also offers a 1,560sf 2 bedroom/1.5 bath home with multiple flex spaces, spacious master bedroom, large walk-in closet, separate jetted tub & shower, in-house utility room and open floor plan that's great for entertaining. With direct access to FM 529 this property offers plenty of flexibility to suit your needs. Call us today for a private tour of this beautiful property!!! ***Although separate from the sale of the property, all farm equipment and accessories can be negotiated.***

Investor Tools

Property Icon
$211,820
Estimated Property Value
$186,136Estimated Mortgage Balance
$25,684Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,826
$211,820
2025
$19,310
$192,510
$1,124,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,826
$211,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$205,000
No
First
Jul 28, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,136
$25,684
12%
88%
$1,230/mo

City: Hempstead

40820 Fm 529 | Property Details | No Agent List