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$489,060

8802 Fm 517 S, Texas City, TX, 77539

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,230 Sq Ft
Single Family ResidenceSingle Family Residence

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range, Dishwasher
FlooringTile, Wood

Exterior

Lot Size12.77 acres

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APN4322-0000-0012-016
Lot NumberL
SubdivisionJones P
Land UseAgriculture / Farming
Legal DescriptionABST 181 J S SHERMAN SUR PT OF LOT L (12-16) JONES SUB
Census Tract721103
Assessed Land Value$347,760
Assessed Improvement Value$141,300
Assessment Year2025

About this property

12.76 Acres located at the intersection of FM 517 & FM 3436. Over 600 linear feet of frontage on FM 517. Located in the Heart of Galveston County between HWY 3 & HWY 146. There is a 2300 square foot home (3 bed/2 bath) on the property that was built in 1929. It needs work but has never flooded according to the owner.

Investor Tools

Property Icon
$489,060
Estimated Property Value
$0Estimated Mortgage Balance
$400,036Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$489,060
2025
$347,760
$141,300
$489,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$489,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Natahn King
Unknown
$100,000
No
First
Sep 1, 2020
Mar 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,024
$400,036
81%
18%
$600/mo

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: Texas City

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8802 Fm 517 S | Property Details | No Agent List