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$460,000

NAL Estimated Property Value

4605 Brister Parkway, Iowa Colony, TX, 77583

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.82 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling

Exterior

Lot Size1 acre

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces3

Land Information

APN0537-0008-120
SubdivisionC M Hays
Land UseResidential
Legal DescriptionA0537 C M HAYS TRACT 6B3 ACRES 1.0
Census Tract661800
Assessed Land Value$68,510
Assessed Improvement Value$327,300
Assessment Year2025

About this property

This amazing property has so much to offer! The primary house sits on 1 acre, which is homesteaded The house has 2 kitchens with solid wood cabinets and granite countertops. The second tract (3.086 acres) features 2 large sheds, large greenhouse, income producing hybrid pecan grove with irrigation system, outside kitchen/guest quarters, and cattle shoots with 2 pens. Please see a comprehensive list of all features in attachments. These are two separate tracts being sold together, totaling 4.086 acres.

Investor Tools

Property Icon
$460,000
Estimated Property Value
$234,038Estimated Mortgage Balance
$225,962Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,950
$308,550
2025
$68,510
$327,300
$395,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,950
$308,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Fha
$254,375
Yes
First
Feb 15, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,038
$225,962
49%
51%
$1,526/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: Iowa Colony

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4605 Brister Parkway | Property Details | No Agent List