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$180,726

NAL Estimated Property Value

1021 Park Drive, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.65 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesFree-Standing Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,673 sqft

Building Information

Year Built1977
Stories1

Land Information

APN0240260910009
Lot Number12,13
SubdivisionLa Porte
Land UseResidential
Legal DescriptionLTS 12 & 13 BLK 291 LA PORTE
Census Tract343602
Assessed Land Value$48,766
Assessed Improvement Value$131,960
Assessment Year2025

About this property

This Cute Home sits on an Oversized corner lot. It is located one block from Galveston Bay, and Sylvan Beach Park. This home has so much potential and is ready for a buyer to come add their own touch. With updated AC (2018), Siding (2018), Electrical Outlets (2018), Recessed Lighting and Back Deck. This property is in a prime location close to schools, parks, and old town La Porte. Seller is selling home “As-Is” and will not being doing any repairs. Make your appointment today to view.

Investor Tools

Property Icon
$180,726
Estimated Property Value
$58,145Estimated Mortgage Balance
$122,581Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,084 /month
Positive
Cash Flow Estimate:
$361 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,427
$180,726
2025
$48,766
$131,960
$180,726
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,427
$180,726

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Conventional
$70,800
No
First
Sep 6, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,145
$122,581
67%
32%
$425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$425/mo
+$1,297/mo
11.4%

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: La Porte

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1021 Park Drive | Property Details | No Agent List