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$252,000

NAL Estimated Property Value

409 Fm 1942 Rd, Crosby, TX, 77532

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,127 Sq Ft
price_per_sqft$133.99 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size10,624 sqft

Building Information

Year Built1970
Stories1
Garage Spaces4

Land Information

APN0803400000003
Lot Number3
SubdivisionDreamland Place
Land UseResidential
Legal DescriptionN 88.55 FT OF LT 3 BLK 18 DREAMLAND PLACE SEC 2
Census Tract252800
Assessed Land Value$76,051
Assessed Improvement Value$149,994
Assessment Year2025

About this property

Charming one story 4 bedroom 2 Full bath brick home on a large corner lot, NO Restrictions, LOW Tax Rate, and Remodeled. This home offers a great open floor plan with modern touches. Makes a perfect home to entertain. . Custom cabinetry and mud area, decorative paneling on the walls, and modern light fixtures. Island kitchen with butcher block countertops, custom cabinetry, stainless steel appliances, refrigerator included. Oversized dining area that floors into bother the kitchen and living area. This home has 4 spacious bedrooms and a large additional flex space making a great family room, play room, office, or room of your choice. New fence installed and bunco around the mature towering live oak tree. Home is fully fenced with additional carport parking in addition to the attached 2 car garage with export flooring. Lots of space in front and back of the home, plenty of room for garden or chicken coop, horses allowed.

Investor Tools

Property Icon
$252,000
Estimated Property Value
$263,532Estimated Mortgage Balance
$13,468Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$223/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,412
$226,045
2025
$76,051
$149,994
$226,045
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,412
$226,045

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$279,837
No
First
Mar 23, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,532
$13,468
4%
105%
$1,678/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,678/mo
+$44/mo
8.2%

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: Crosby

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409 Fm 1942 Rd | Property Details | No Agent List