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Days126Days on Market
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$3,750,000

24118 Margerstadt Road, Hockley, TX, 77447

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,436 Sq Ft
price_per_sqft$689.85 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesDisposal, Ice Maker, Refrigerator Included, Double Oven, Freestanding Oven, Gas Oven, Microwave, Free-Standing Range, Gas Cooktop, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built2016
Stories1
Garage Spaces3

Land Information

APN302300-006-002-600
SubdivisionA-23 Jesse Denson
Land UseAgriculture / Farming
Legal DescriptionABS A302300 A-23 JESSE DENSON TRACT 6-2 & 6-4 IMP ONLY SN1 PHH330TX1620555A HUD# PFS1179253
Census Tract680601
Assessed Improvement Value$133,830
Assessment Year2025

About this property

Beyond the gates, 19 AG-exempt acres unfold into a thoughtfully engineered equestrian estate. The 5,436 SF custom residence offers airy, vaulted living spaces, refined finishes, and expansive views stretching across the pastures, arena, pond, and open sky. This spacious home is paired with infrastructure rarely found at this level of acreage living. Purposefully built for serious equestrian use, the property features a regulation dressage arena with professionally engineered footing, irrigation, and a full-length mirror. Cross-fenced pastures and a fully insulated 6-stall barn with oversized stalls, wash bays, geo-grid turnout runs, and a climate-controlled tack and feed room add to this property's amenities. Additional improvements include a 1,200 SF insulated workshop, 60kW whole property generator with 400 amp service, powered pond with extensive underground drainage infrastructure, private well water distribution, fiber connectivity, and deed restrictions without HOA oversight.

Investor Tools

Property Icon
$133,830
Estimated Property Value
$0Estimated Mortgage Balance
$133,830Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$22,500 /month
Positive
Cash Flow Estimate:
$7,500 /month

Interested in this property?

Diane Kingshill

Martha Turner Sotheby's International Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$56/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$133,830
2025
N/A
$133,830
$133,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$133,830

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$133,830
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.

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: Hockley

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