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$305,000

NAL Estimated Property Value

1002 Ocean Breeze, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,525 Sq Ft
price_per_sqft$200 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Free Standing Range, Gas Cooktop, Disposal, Microwave
FlooringCarpet, Tile

Exterior

Lot Size5,807 sqft

Building Information

Year Built2021
Roof Type105
Garage Spaces2

Land Information

APN0037-0027-0045-000
Lot Number45
SubdivisionBay Ridge Subd Unit 14
Land UseResidential
Legal DescriptionBAY RIDGE SUBD UNIT 14 BLK 27 LOT 45
Census Tract010700
Assessed Land Value$61,211
Assessed Improvement Value$222,221
Assessment Year2025

About this property

Welcome to this beautifully maintained 3-bedroom, 2-bath home built in 2021, offering modern comfort and a bright open-concept floor plan perfect for both everyday living and entertaining. The spacious living area features a vaulted ceiling that enhances natural light and creates an inviting, airy atmosphere. The kitchen flows seamlessly into the living and dining areas and showcases quartz countertops throughout the home, complemented by upgraded modern cabinetry, stylish lighting fixtures, and Moen plumbing fixtures that add both quality and contemporary appeal. The thoughtfully designed layout includes a spacious primary suite featuring a large walk-in closet, a double sink vanity, and a large walk-in tiled shower, creating a comfortable private retreat. Two additional bedrooms provide flexibility for guests or a home office. Recent improvements provide added peace of mind, including a new roof installed in 2026 and recently replaced windows, improving both efficiency and durability. Located in a great Portland neighborhood, this home offers convenient access to many of the area’s most attractive spots, including local restaurants, shopping, parks, and the waterfront. Don’t miss the opportunity to own this move-in-ready home combining modern construction, quality upgrades, and an excellent location.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$212,408Estimated Mortgage Balance
$92,592Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,846
$283,432
2025
$61,211
$222,221
$283,432
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,846
$283,432

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rally Cu
Conventional
$236,691
No
First
Dec 29, 2020
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,408
$92,592
30%
70%
$1,420/mo

City: Portland

1002 Ocean Breeze | Property Details | No Agent List