$530,000
6423 Philip Evan Road, Needville, TX, 77461
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5.54 acres
Land Information
APN4969-00-000-0161-906
SubdivisionMeadow Grove
Land UseAgriculture / Farming
Legal DescriptionMEADOW GROVE, ACRES 5.5407, RESERVE
Census Tract675401
Assessed Land Value$178,601
Assessment Year2025
About this property
PRIME 5.54-ACRE PARCEL in high-growth Needville ISD! Construction-ready. Perfect for custom home or investment. Located in rapidly expanding area with easy Houston access. Rural setting with urban convenience in highly-rated school district. Ideal for residential, agricultural, or manufactured home placement. Access to property is by easement. Shovel-ready opportunity in Fort Bend County's hottest growth corridor. Ready to build your vision! Call to tour this property today!
Investor Tools
$170,535Estimated Mortgage Balance
$304,465Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$488/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,481
$178,601
2025
$178,601
N/A
$178,601
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,481
$178,601
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$184,000
No
First
Jul 8, 2022
Aug 2032
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,535
$304,465
64%
36%
$1,104/mo
