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$1,141,760

NAL Estimated Property Value

110 Penguin Point, Point Blank, TX, 77364

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,177 Sq Ft
price_per_sqft$457.05 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2.5Bathrooms 2.5
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Washer, Water Purifier
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size41,691 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN120826
Lot Number15,16
Land UseResidential
Legal DescriptionSOMERSET SHORES, LOT 15 & 16, ACRES .9571
Census Tract200301
Assessed Land Value$511,280
Assessed Improvement Value$630,480
Assessment Year2025

About this property

Located in a private, gated community on two expansive lots, this bright and airy ONE-STORY home offers nearly an acre of beautifully landscaped yard. Take a leisurely stroll to the boathouse down a wooded path, where you can easily hop onto your boat and spend a day cruising the lake. Enjoy stunning views of the lake from the outdoor living area with a heated pool and hot tub, the screened in porch with a summer kitchen or the cozy sunroom indoors. The many amenities include radiant heated flooring in primary bath, oversized walk-in closet, walk-in pantry, water softener with reverse osmosis, remote shades, full-house generator, full-yard sprinkler system, air-conditioned workshop, mosquito misting system and pool bathroom. With ample space on the property, there's great potential to expand the home if desired. All appliances can convey.

Investor Tools

Property Icon
$1,141,760
Estimated Property Value
$729,042Estimated Mortgage Balance
$412,718Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,851 /month
Positive
Cash Flow Estimate:
$2,284 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,288/month
$1,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,744
$1,141,760
2025
$511,280
$630,480
$1,141,760
No

Tax History

Year
Tax Paid
Assessed Value
2022
$9,744
$1,141,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$738,750
No
First
Aug 6, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$729,042
$412,718
36%
64%
$4,430/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: Point Blank

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