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$378,964

NAL Estimated Property Value

1051 Ocean Breeze, Portland, TX, 78374

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,398 Sq Ft
price_per_sqft$124.9 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Free Standing Range, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size5,863 sqft

Building Information

Year Built2020
Roof Type105
Garage Spaces2

Land Information

APN0037-0029-0026-000
Lot Number26
SubdivisionBay Ridge Subd Unit 14
Land UseResidential
Legal DescriptionBAY RIDGE SUBD UNIT 14 BLK 29 LOT 26
Census Tract010700
Assessed Land Value$61,641
Assessed Improvement Value$317,323
Assessment Year2025

About this property

Fabulous two-story home includes an open-concept floor plan! The kitchen features white quartz countertops with a tumbled stone backsplash, a corner pantry, and island with breakfast bar. The stainless steel-with black appliances compliment the dark cabinets. The living and dining areas are showered with natural light and the tray ceiling in the living adds some architectural flair. The primary suite located on the main level, featuring a bay window, walk-in tiled shower with dual shower heads, and a large walk-in closet with access to the laundry room. The upper level contains a secondary living area with a closet equipped with floor-to-ceiling shelving. The three upstairs bedrooms each feature carpet, ceiling fans and double door closets. The hall bathroom is equipped with higher profile bathroom countertops. With no neighboring property to the left and the neighboring property to the rear frequently used for cattle grazing, the home offers expansive views. Other bonuses include an oversized garage and a walk-in attic storage closet.

Investor Tools

Property Icon
$378,964
Estimated Property Value
$241,615Estimated Mortgage Balance
$138,337Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$311,127
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,274 /month
Positive
Cash Flow Estimate:
$758 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$849/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,293
$378,964
2025
$61,641
$317,323
$378,964
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,293
$378,964

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$271,957
Yes
First
Aug 25, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,615
$137,349
36%
64%
$1,631/mo

City: Portland

1051 Ocean Breeze | Property Details | No Agent List