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$120,000

409 Center Way St, Lake Jackson, TX, 77566

$156,000 ARVInfo
Under ContractInfo
Beds3 Beds
Baths6 Bath
Baths1,341 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89.49 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 6Bathrooms Full 6
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling

Exterior

Lot Size11,003 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5850-0740-000
Lot Number20
SubdivisionArea B-C-D-E-G-H-J-K-L Etc
Land UseResidential
Legal DescriptionAREA B-C-D-E-G-H-J-K-L ETC (LAKE JACKSON) BLK 1 LOT 20 AREA G
Census Tract663300
Assessed Land Value$39,610
Assessed Improvement Value$141,440
Assessment Year2025

About this property

Opportunity awaits on a spacious quarter-acre lot in Lake Jackson on Center Way! This 3-bedroom, 1-bath home offers endless potential for investors, DIY enthusiasts, or buyers looking to create their dream property. In addition to the main living spaces, you'll find a versatile built in patio that can serve as a flex room, home office, hobby space, or entertaining area. The backyard is ready for your vision, featuring a paved outdoor area, wiring for surround sound, and an unfinished shed with a pergola that could be transformed into a workshop, studio, outdoor kitchen, or additional gathering space. The property is being sold as-is. There is currently no stove or refrigerator, providing a blank canvas for a customized kitchen renovation. With its generous lot size, established neighborhood, and abundant possibilities, this property offers a rare chance to create something truly special in Lake Jackson

Investor Tools

$24,452Estimated Mortgage Balance
$193,690Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$156,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,287
$181,050
2025
$39,610
$141,440
$181,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,287
$181,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Unknown
$46,900
No
First
Oct 17, 2007
Nov 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$24,452
$193,548
88%
11%
$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.

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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: Lake Jackson

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409 Center Way St | Property Details | No Agent List