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$367,000

NAL Estimated Property Value

701 Clarence St, Tomball, TX, 77375

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,972 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.81 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Oven, Microwave, Gas Range
FlooringCarpet, Laminate, Vinyl, Wood

Exterior

Lot Size10,498 sqft

Building Information

Year Built1940
Stories1
Garage Spaces2

Land Information

APN0352800090047
Lot Number46-48
SubdivisionTomball
Land UseResidential
Legal DescriptionLTS 46 47 & 48 BLK 99 TOMBALL
Census Tract555404
Assessed Land Value$131,250
Assessed Improvement Value$166,452
Assessment Year2025

About this property

Darling 1940s house near the heart of Downtown Tomball! House sits atop 3 lots on the corner with stately trees and charming curb appeal. The covered front porch greets you as you walk up to the house. As you enter, you'll be welcomed by a sizable living room and a bedroom that could also function as an office. Original wood floors are in the living, dining, and primary bedroom! Formal dining room is attached to the kitchen with gas stove and butcher block counters. Secondary bedrooms are all quite spacious with ample closet storage. Continue on to the converted garage that now functions as a flex space. Mud room and utility room boast even more storage closets and cabinets - perfect for all of your needs. Primary suite is complete with double sinks and a huge walk-in closet. Outside, the yard is partially fenced and complete with 2 out-buildings. Property currently functions as an office space under "non-conforming use." Come see this craftsman home today!

Investor Tools

Property Icon
$367,000
Estimated Property Value
$0Estimated Mortgage Balance
$367,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,512
$297,702
2025
$131,250
$166,452
$297,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,512
$297,702

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$380,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
N/A
+$2,470/mo
8.1%

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: Tomball

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701 Clarence St | Property Details | No Agent List