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$205,000

5017 Boicewood St, Hockley, TX, 77016

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,613 Sq Ft
DuplexDuplex
price_per_sqft$127.09 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesMicrowave, Refrigerator
FlooringVinyl

Exterior

Lot Size9,300 sqft

Building Information

Year Built1953
Stories1

Land Information

APN0731790000127
Lot Number127
SubdivisionBuckingham Place
Land UseResidential
Legal DescriptionLT 127 BUCKINGHAM PLACE SEC 1
Census Tract230600
Assessed Land Value$65,025
Assessed Improvement Value$123,045
Assessment Year2025

About this property

One-story duplex situated on an approximately 9,300-square-foot fully fenced lot in Buckingham Place. The approximately 1,613-square-foot structure consists of two separate 2-bedroom, 1-bath units under one roof, offering flexible use as an income-producing property or owner-occupied investment. The property features vinyl flooring, central heating and air conditioning, a composition roof, updated exterior siding, PEX plumbing, and a spacious backyard. Prior improvements include interior and exterior paint, HVAC updates, and a roof reported replaced in 2021. Each unit provides its own living space, kitchen, bedrooms, and bath. Property offers convenient access to I-69/US-59 and surrounding Houston employment and commercial areas.

Investor Tools

$183,635Estimated Mortgage Balance
$14,217Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

Interested in this property?

Glenn Allen

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,979
$188,070
2025
$65,025
$123,045
$188,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,979
$188,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$187,500
No
First
Apr 29, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,635
$39,365
17%
93%
$1,125/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,125/mo
+$597/mo
10.5%

City: Hockley

5017 Boicewood St | Property Details | No Agent List