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$243,000

5631 Patterson Rd, Manvel, TX, 77578

Off MarketInfo
Baths0 Bath

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1.93 acres

Land Information

APN7000-0001-000
Lot Number1
SubdivisionSamuel Patterson
Land UseResidential
Legal DescriptionSAMUEL PATTERSON (A0319 H N LITTLE) LOT 1A ACRES 1.93
Census Tract660708
Assessed Land Value$150,810
Assessed Improvement Value$230
Assessment Year2025

About this property

Your dream home awaits! NO FLOODING at all, the road was passable during Harvey. This peaceful almost 2 acre lot is ready to be built on. Beautiful trees adorn the lovely lot, including gorgeous live oaks, pecan, water oak, prickly ash and elm. Cleared for your homesite, two culverts for extra access to and from the property, completely fenced, gas and electric are available, well on property of unknown condition. No city sewer, will need a septic. There is a horse shed on the left side of the property. This is country living close to it all.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$180,000Estimated Mortgage Balance
$68,354Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,458 /month
Positive
Cash Flow Estimate:
$486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,650
$151,040
2025
$150,810
$230
$151,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,650
$151,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Purchase Money Mortgage
$180,000
No
First
Sep 6, 2024
Oct 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,646
$68,354
28%
72%
$1,080/mo

Learn About the Market: Opportunity in Texas

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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: Manvel

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5631 Patterson Rd | Property Details | No Agent List