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$312,000

NAL Estimated Property Value

423 Masterson St, Arcola, TX, 77583

SoldInfo
6/26/26
Beds5 Beds
Baths3 Bath
Baths2,149 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.29 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDisposal, Electric Oven, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size13,000 sqft

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1200-00-095-0700-907
Lot Number7
SubdivisionArcola Heights
Land UseResidential
Legal DescriptionARCOLA HEIGHTS, BLOCK 95, LOT 7 - 8
Census Tract674506
Assessed Land Value$46,800
Assessed Improvement Value$217,651
Assessment Year2025

About this property

Must see gorgeous home in Arcola Heights! Remodeled and move-in ready—this all-brick, double lot home boasts 5-bedrooms (3-down/2-up), 3-bathrooms, 1-oversized car garage, and over 2,100 square feet. Freshly applied paint interior/exterior. New waterproof, luxury vinyl plank flooring in common areas and soft carpet in bedrooms. Elegant kitchen has new quartz countertops, backsplash, stainless-steel appliances, and abundant cabinet space. Upgraded bathrooms include new vanity, quartz countertops, and frameless glass shower doors. Open concept living room has vaulted ceiling. Utility room with full bathroom leads to backyard with storage shed and new fence. NO HOA. NO WATER BILL. Home utilizes water well and city sewer. New water heater. Foundation repaired with lifetime transferrable warranty. 1-year old AC air handler. Prime location off Hwy 6—20 mins to Sugar Land/Pearland. Not in a flood zone. Survey and 1-year home warranty included. Make this your new home just in time for Summer!

Investor Tools

Property Icon
$312,000
Estimated Property Value
$114,593Estimated Mortgage Balance
$197,407Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,227
$233,844
2025
$46,800
$217,651
$264,451
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,227
$233,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crebrid Llc
Building Or Construction Loan
$115,600
No
First
Dec 30, 2025
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,593
$197,407
63%
37%
$694/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$694/mo
+$1,028/mo
6.6%

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.

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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: Arcola

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423 Masterson St | Property Details | No Agent List