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A+
NoAgentList RatingHow are grades calculated? Info

$494,000

921 Petroleum Rd, Coldspring, TX, 77331

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,092 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$41.52 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Dryer, Washer
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size12.53 acres

Land Information

APN135342
Land UseResidential
Legal DescriptionA042 ROBERT RANKIN, TRACT 100 & 100.2 & 100.3, ACRES 12.53, UNDIVIDED INTEREST 50.0000000000%
Census Tract200201
Assessed Land Value$131,495
Assessed Improvement Value$224,360
Assessment Year2025

About this property

This 2+ acre home site bordering the Sam Houston National Forest is a rare find on the market. Featuring a wraparound porch, this fixer upper can be your country living dream. The gorgeous property is a sportsman's paradise lending itself to hunting, ATVs, hiking, and horseback riding. Nestled in this wooded lot sits a 4,100 SF house with covered parking for all your sporting vehicles. The property is located an hour away from Houston and just a quick 30 min trip to Conroe making this house an easy getaway or even commute. Walking into the home, you will find the large cathedral style ceilings in the naturally lighted foyer. The kitchen features an oversized pantry and an open concept view to the dining room. Main house on 2+ acres and is just waiting for an owner with vision to bring her back to life! *** Additional acres for sale which includes a red barn with a one bedroom apartment and horse corral. Please contact Co-Listing Agent for more information***

Investor Tools

Property Icon
$494,000
Estimated Property Value
$170,000Estimated Mortgage Balance
$343,894Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$355,855
2025
$131,495
$224,360
$355,855
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$355,855

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Williams Living Trust Dated March 12
Purchase Money Mortgage
$170,000
No
First
May 14, 2020
May 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,106
$1,007,894
87%
30%
$1,020/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.

Explore Texas Explore This Area
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: Coldspring

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921 Petroleum Rd | Property Details | No Agent List