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$274,720

NAL Estimated Property Value

5348 Fm 359 Road, Brookshire, TX, 77423

Off MarketInfo
Beds4 Beds
Baths4 Bath

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
FlooringConcrete

Exterior

Lot Size5.87 acres

Land Information

APN307800-004-000-100
SubdivisionA-78 J L Bennett
Land UseAgriculture / Farming
Legal DescriptionABS A307800 A-78 J L BENNETT TRACT 4 ACRES 5.8712 P/O 12.204 ACRES P/O 12.204 ACRES
Census Tract680201
Assessed Land Value$265,000
Assessed Improvement Value$9,720
Assessment Year2025

About this property

Incredible opportunity to acquire roughly 12 acres of land and a house in Brookshire! Priced under land value. The home is a bonus making this an incredible deal. The Property features a 2 acre pond, mature trees, pasture, and a large one story home with over 3,000 sqft of living space. The home is NOT in a flood zone. Note, there are two parcels that make up the combined acreage (5348 FM 359 Rd and 5392 FM 359 Rd).

Investor Tools

Property Icon
$274,720
Estimated Property Value
$0Estimated Mortgage Balance
$274,720Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,780 /month
Positive
Cash Flow Estimate:
$1,260 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$388/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,280
$274,720
2025
$265,000
$9,720
$274,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,280
$274,720

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$274,720
100%
0%
$0/mo

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: Brookshire

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5348 Fm 359 Road | Property Details | No Agent List