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$843,000

NAL Estimated Property Value

5320 Phillips Dr, Manvel, TX, 77578

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,648 Sq Ft
price_per_sqft$504.53 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringSlate, Terrazzo, Tile

Exterior

Lot Size29.02 acres

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces4

Land Information

APN0366-1024-115
SubdivisionThos Spraggins
Land UseResidential
Legal DescriptionA0366 THOS SPRAGGINS TRACT 20A-20A3A-20A4 ACRES 29.0187 (MANVEL) (MANVEL)
Census Tract661000
Assessed Land Value$42,020
Assessed Improvement Value$404,530
Assessment Year2025

About this property

Gorgeous hidden gem. Property is +/- 29.33 acres surrounded by oil/gas leasehold so NO NEIGHBORS! Home is 3 Bedrooms & 3 Full Baths and 2,648 square feet. Numerous recent updates. Tons of cabinets & storage space with Cedar Closet, California Closet converted Bedroom, & 7 walk-in closets. Property has two ponds, diesel generator for pond management, a levee system, well, septic, propane, and a newly paved Driveway. Completely gated & fenced, and cross fenced as well. Workshop space both in the 3 car garage, as well as in the separate Workshop Building. Automatic gate, 5,000 square foot metal Barn with multiple stalls, round pen, wash shed, several pole barns, and an 18 acre pasture. Separate storage unit/office building on site. In the City of Manvel & currently zoned for both Commercial & Residential. The Property consists of three [3] legal tracts. Agricultural & Wildlife Management Exemptions. So many possible uses for this amazing Property!

Investor Tools

Property Icon
$843,000
Estimated Property Value
$744,139Estimated Mortgage Balance
$98,861Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,016 /month
Positive
Cash Flow Estimate:
$2,672 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,251/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,793
$446,550
2025
$42,020
$404,530
$1,546,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,793
$446,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aca
Commercial
$800,000
No
First
Aug 17, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$744,139
$36,861
4%
88%
$4,797/mo

City: Manvel

5320 Phillips Dr | Property Details | No Agent List