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$385,000

45110 Frontage Tract 1 Road, Prairie View, TX, 77446

On MarketInfo
Baths0 Bath

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size11 acres

Land Information

APN304100-162-000-100
SubdivisionA-41 Justo Liendo
Land UseVacant Land
Legal DescriptionABS A304100 A-41 JUSTO LIENDO TRACT 162 ACRES 11.0
Census Tract680301
Assessed Land Value$211,960
Assessment Year2025

About this property

Positioned directly across from Prairie View A&M University, this approximately 5.5 acre tract location connects easily to Richards Rd, University Drive, and the 290 Business frontage, offering strong visibility and access for future projects. This land is ready for mixed-use, multifamily, or build-to-rent housing that serves the PVAMU community. Builders and developers searching for prime development land near Prairie View A&M, housing sites with utilities, or property with university frontage and growth potential will recognize the long-term value here. The area is surrounded by active projects, growing retail demand, and infrastructure improvements already underway. This is a strategic land position in the Prairie View–Waller County growth zone, ideal for anyone planning to build residential or mixed-use spaces to meet the region’s expanding housing and service needs. Working on easement from University to Richards Rd across the three properties.

Investor Tools

$56,008Estimated Mortgage Balance
$155,952Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

Interested in this property?

Sherri Echols

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$216/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,537
$211,960
2025
$211,960
N/A
$539,000
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,537
$211,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clara C Eiland
Seller Carryback / Seller Financing / Seller Take-Back
$79,900
No
First
Apr 22, 2013
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,008
$155,952
73%
26%
$480/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.

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: Prairie View

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45110 Frontage Tract 1 Road | Property Details | No Agent List