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$2,082,000

2319 Iris Cove Ct, Hockley, TX, 77447

$2,485,681 ARVInfo
Off MarketInfo
Baths0 Bath
Baths6,842 Sq Ft
Year BuiltBuilt in 2024

Highlights

Interior

Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.48 acres

Building Information

Year Built2024
Roof Type105
Garage Spaces5

Land Information

APN9036-00-01600
Lot Number8
SubdivisionStallion Lakes 01
Land UseResidential
Legal DescriptionS903600 - STALLION LAKES 01, BLOCK 2, LOT 8
Census Tract690101
Assessed Land Value$566,470
Assessed Improvement Value$661,334
Assessment Year2025

About this property

Set behind impressive security gates, Stallion Lakes offers wooded, acreage homesites with a variety of elevations. Developed by Kickerillo & Bean, this is a custom home community with five renowned custom homes builders to choose from. Owners must begin home construction within 18 months of lot purchase. Homesite prices range from the 300’s to the 600’s. Amenities include fiber optic cable, natural gas, concrete streets, walking trails, and lakes. Low tax rate and no lot offered is in a floodplain. Proximity is close to The Clubs at Houston Oaks and Cypress shopping. Low tax rate. Other lots available with varying price ranges.

Investor Tools

Property Icon
$2,082,000
Estimated Property Value
$0Estimated Mortgage Balance
$2,082,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$2,485,681
Rent-to-Value Ratio: 0.72%
Rent Estimate
$12,492 /month
Positive
Cash Flow Estimate:
$4,164 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,615/month
$3,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,968
$1,227,804
2025
$566,470
$661,334
$1,227,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,968
$1,227,804

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$2,068,000
100%
0%
$0/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: Hockley

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2319 Iris Cove Ct | Property Details | No Agent List