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$276,103

502 Mason Street, Tomball, TX, 77375

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths806 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$372.08 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate

Exterior

Lot Size7,000 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0352660440002
Lot Number2
SubdivisionTomball
Land UseResidential
Legal DescriptionLT 2 BLK 44 TOMBALL
Census Tract555403
Assessed Land Value$105,000
Assessed Improvement Value$171,103
Assessment Year2025

About this property

Located just one block off of Main Street in Tomball and within walking distance of dining and shopping, this beautifully renovated 1950's home could be perfect for your small business. Features include ADA approved doors and ramp for access, large den as you enter which is shared with the kitchen, two bedrooms, storage room, plantation shutters, covered front porch and the list goes on.

Investor Tools

Property Icon
$276,103
Estimated Property Value
$0Estimated Mortgage Balance
$276,103Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,816
$276,103
2025
$105,000
$171,103
$276,103
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,816
$276,103

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,103
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,450/mo
N/A
+$1,450/mo
6.3%

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: Tomball

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502 Mason Street | Property Details | No Agent List