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$2,456,390

NAL Estimated Property Value

8117 Fm 359, Brookshire, TX, 77423

Off MarketInfo

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms —Bathrooms —

Exterior

Lot Size60.61 acres

Land Information

APN317700-003-001-100
SubdivisionA-177 H T C R R Co
Land UseVacant Land
Legal DescriptionABS A317700 A-177 H & T C R R CO TRACT 3-1 ACRES 60.605
Census Tract680201
Assessed Land Value$2,445,040
Assessed Improvement Value$11,350
Assessment Year2025

About this property

The property is located in an opportunity zone, which typically offers certain tax benefits to investors. Additionally, its proximity to major highways (I-10 and Hwy 290) makes it easily accessible and well-connected. Access to 3-phase electricity: Having access to 3-phase electric power is a significant advantage, especially for commercial or industrial purposes, as it allows for more efficient and reliable electricity distribution.Cleared and fully fenced. Ample road frontage: With approximately 1133 ft of road frontage on FM 359, the property has good visibility and accessibility, making it suitable for various types of businesses. Potential for agricultural use: The wide-open spaces and fully fenced aspect of the property make it suitable for cattle or horse farming. Not in a Flood Zone. NO rollback taxes.

Investor Tools

Property Icon
$2,456,390
Estimated Property Value
$1,243,069Estimated Mortgage Balance
$1,213,321Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,103 /month
Positive
Cash Flow Estimate:
$5,701 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$4,046/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$36,274
$2,456,390
2025
$2,445,040
$11,350
$2,456,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$36,274
$2,456,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
P&M Realty Llc
Unknown
$1,300,000
No
First
Dec 8, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,243,069
$1,213,321
49%
51%
$7,795/mo

City: Brookshire

8117 Fm 359 | Property Details | No Agent List