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$600,000

NAL Estimated Property Value

5831 Fm 2218 Rd, Pleak, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,100 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$261.9 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDryer Included, Refrigerator Included, Washer Included, Oven, Microwave

Exterior

Exterior FeaturesStorage
Lot Size1.27 acres

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0391-00-008-0270-901
SubdivisionG Schley
Land UseResidential
Legal Description0391 G SCHLEY, TRACT B, ACRES 1.2685
Census Tract675501
Assessed Land Value$144,996
Assessed Improvement Value$114,653
Assessment Year2025

About this property

Unique opportunity on approximately 1.27 acres with ±93 feet of frontage along FM 2218 in the Village of Pleak. Property features split zoning, with the front portion designated C-2 Commercial and the rear portion R-2 Residential, per the Village of Pleak. Existing improvements include an approximately 2,100 SF, 3-bedroom/2-bath residence plus a 30' x 30' (approximately 900 SF) aluminum outbuilding/shop. With approximately 631 feet of property depth, the acreage offers flexibility for an owner-user, investor or buyer seeking a property with both residential and commercial zoning. Conveniently located near Richmond and Rosenberg in growing Fort Bend County with excellent FM 2218 exposure and existing roadway access. Buyer to independently verify acreage, frontage, zoning boundaries, permitted uses, deed restrictions, utilities, permitting, development requirements and suitability for Buyer's intended use.

Investor Tools

Property Icon
$600,000
Estimated Property Value
$0Estimated Mortgage Balance
$600,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,071
$255,286
2025
$144,996
$114,653
$259,649
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,071
$255,286

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$342,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
N/A
+$1,780/mo
3.6%

City: Pleak

5831 Fm 2218 Rd | Property Details | No Agent List