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$280,000

$300,000

416 Fort Bend Drive, Simonton, TX, 77485

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.33 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size1.42 acres

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1865-03-042-0030-901
Lot Number2
SubdivisionBrazos Valley Sec 3
Land UseResidential
Legal DescriptionBRAZOS VALLEY SEC 3, BLOCK 42, LOT 2 - 3
Census Tract673202
Assessed Land Value$134,938
Assessed Improvement Value$228,492
Assessment Year2025

About this property

Beautiful neighborhood, wonderful amenities, and a property full of opportunity! Enjoy the large lot of 1.42 acres with 2 sheds and a large home. The master suite has a nice updated shower, vintage lighting and granite countertops. The home lets in plenty of natural light throughout. The spare bedrooms have new flooring with their own private access to the backyard. The back porch is covered and grand with sun shade and screens to keep unwanted bugs out. The mature trees add value you cannot get just anywhere. The HOA is established with a wonderful community park that is well manicured and ready for enjoyment. Bring your family and feel comfortable with all this space. Don't skip this property, come see it today!

Investor Tools

$186,823Estimated Mortgage Balance
$287,177Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,844 /month
Positive
Cash Flow Estimate:
$948 /month

Interested in this property?

Alexander Chapa

Marksman Management

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$337/month
$103/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,668
$326,442
2025
$134,938
$228,492
$363,430
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,668
$326,442

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Day Financial Llc
Reverse Mortgage / Hecm
$295,500
No
First
Jan 22, 2011
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,823
$287,177
60%
39%
$1,772/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,875/mo
+$351/mo
5.6%

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.

Explore Texas Explore This Area
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: Simonton

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416 Fort Bend Drive | Property Details | No Agent List