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$3,300

5231 Leeland St, Hockley, TX, 77023

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$2.85 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesRefrigerator Included, Washer Included, Gas Oven, Oven, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringBamboo, Tile

Exterior

Lot Size4,452 sqft

Building Information

Year Built1940
Garage Spaces2

Land Information

APN0121310070008
Lot Number8
SubdivisionDissen Heights
Land UseResidential
Legal DescriptionLT 8 & TR 9A BLK 7 DISSEN HEIGHTS
Census Tract310600
Assessed Land Value$148,185
Assessed Improvement Value$160,516
Assessment Year2025

About this property

Versatile Rental property offering a 2-bedroom, 1-bath primary residence plus separate guest quarters in the back! The main home offers a comfortable and inviting layout, while the detached 2 story guest quarters provides additional living space featuring 1 bedroom, a full bathroom, full kitchen, living room, breakfast area, and its own private laundry room. The separate living quarters offer incredible flexibility and may be ideal for extended family, multigenerational living, guests, a private home office, or additional living space. Both properties come Fully equipped with kitchen appliances and each property also have their own laundry area inside the home which already also includes washer and dryer. This is a very rare opportunity property, schedule Your appointment today!!

Investor Tools

$44,806Estimated Mortgage Balance
$263,895Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,852 /month
Positive
Cash Flow Estimate:
$617 /month

Interested in this property?

Roxana Santos

Keller Williams Summit

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$471/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,105
$308,701
2025
$148,185
$160,516
$308,701
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,105
$308,701

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Century Mortgage Corp
Unknown
$88,000
No
First
Sep 21, 2007
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,806
$263,895
85%
15%
$528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$528/mo
+$1,194/mo
6.7%

City: Hockley