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$425,000

7449 Hwy 61 Highway, Hankamer, TX, 77560

On MarketInfo
Beds— Beds
Baths— Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.33 / sqft

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size1.76 acres

Land Information

APN10775-00300-00000-000300
Lot Number3
SubdivisionAllen Farms Commercial
Land UseAgriculture / Farming
Legal DescriptionLT 3 ALLEN FARMS COMMERCIAL
Assessed Land Value$34,990
Assessed Improvement Value$43,570
Assessment Year2025

About this property

Prime Commercial Property – 4.489 Acres with Hwy 61 Frontage Excellent opportunity in a high-traffic area with outstanding visibility! This 4.489-acre property consists of three adjoining lots with frontage on Hwy 61, overlooking I-10 at the Hankamer exit. Located next to Shell Gas Station and Dollar General, it offers prime exposure for retail, service, or other commercial development. Just minutes from Trinity Bay and the Jocelyn Nungaray National Wildlife Refuge, this location is ideal for attracting both local and highway traffic. Legal description: Lots 1, 2, 3 Allen Farms Commercial. Parcel IDs: 38489, 38490, 38491. This is a rare chance to secure a high-potential site in a rapidly developing corridor. Don’t miss out on this great investment!

Investor Tools

$9,323Estimated Mortgage Balance
$69,237Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Justin Jaehne

General Property & Services

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,169
$78,560
2025
$34,990
$43,570
$78,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,169
$78,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carroll E Allen Etux
Seller Carryback / Seller Financing / Seller Take-Back
$15,000
No
First
Aug 27, 2010
Sep 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,323
$69,237
88%
12%
$90/mo

City: Hankamer