Last 24 Hours
$87,120
NAL Estimated Property Value5235 Melanie Ln, Crosby, TX, 77532
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size1 acre
Land Information
APN0402170000340
SubdivisionHarvey Estate
Land UseVacant Land
Legal DescriptionTR 1C-5 OF TR 13 9 AG-USE PARTITION OF HARVEY ESTATE ABST 17 M DUNCAN
Census Tract252700
Assessed Land Value$87,120
Assessment Year2025
About this property
This unrestricted wooded land spans across 3 acres and is situated on a paved road. It presents an excellent opportunity for building a home or installing a modular one. Its location near Hwy 90 allows for easy access to the Houston area and I-10, while the surrounding neighborhood boasts numerous amenities. Additionally, it falls within the Crosby School District. Don't miss your chance to seize this land before it's too late!
Investor Tools
$87,120
Estimated Property Value
$8,046Estimated Mortgage Balance
$79,074Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$719 /month
Positive
Cash Flow Estimate:
$240 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$86/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$600
$87,120
2025
$87,120
N/A
$87,120
No
Tax History
Year
Tax Paid
Assessed Value
2024
$600
$87,120
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Max Kenneth Smith Jr
Seller Carryback / Seller Financing / Seller Take-Back
$15,000
No
First
Feb 29, 2008
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$8,046
$79,074
90%
9%
$90/mo
12.4%