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$258,542

NAL Estimated Property Value

1029 Imperial Street, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,335 Sq Ft
price_per_sqft$194.68 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave
FlooringCarpet, Tile

Exterior

Exterior FeaturesOther
Lot Size5,750 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APN0027-9022-0015-000
Lot Number15
SubdivisionBay Ridge Subd Unit 9
Land UseResidential
Legal DescriptionBAY RIDGE SUBD UNIT 9 BLK 22 LOT 15
Census Tract010700
Assessed Land Value$60,778
Assessed Improvement Value$197,764
Assessment Year2025

About this property

This beautifully maintained 3-bedroom, 2-bath home in the desirable Bayridge subdivision of Portland, TX is a must-see. Owned by just one owner, the property has been exceptionally well cared for and is move-in ready. A brand-new roof adds both value and peace of mind. Inside, you’ll find granite countertops and abundant natural light, creating a bright and inviting living space. Conveniently located near shopping centers, dining options, and local attractions, this home offers both comfort and accessibility. Don’t miss the opportunity to own a well-kept home in a sought-after community.

Investor Tools

Property Icon
$258,542
Estimated Property Value
$104,359Estimated Mortgage Balance
$154,183Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,259
$258,542
2025
$60,778
$197,764
$258,542
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,259
$258,542

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Fha
$153,882
Yes
First
Jun 22, 2012
Jul 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$104,359
$154,183
59%
40%
$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: Portland

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1029 Imperial Street | Property Details | No Agent List