$780,000
2623 Fm 1942 Rd, Crosby, TX, 77532
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
About this property
This is a great find on corner of FM 1942 and Holy Road. 5.12 +/- unrestricted acres. Approximately 658' frontage on FM 1942 & 239' frontage on Holy Road. Four houses, 2 with frontage on FM 1942 and 2 with frontage on Holy Road. Houses have septic systems and share wells. The two houses on FM 1942 share a well and the two houses on Holy Road share a well. Houses are all electric.
Investor Tools
$0Estimated Mortgage Balance
$523,696Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,680 /month
Positive
Cash Flow Estimate:
$1,560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
No HOA
5.947%
