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$305,000

NAL Estimated Property Value

111 Driftwood Dr, Lake Jackson, TX, 77566

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,151 Sq Ft
price_per_sqft$146.91 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesBalcony
Lot Size11,700 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6814-0303-000
Lot Number22
SubdivisionOak Forest
Land UseResidential
Legal DescriptionOAK FOREST (LAKE JACKSON) BLK 10 LOT 22
Census Tract663200
Assessed Land Value$34,810
Assessed Improvement Value$268,700
Assessment Year2025

About this property

Welcome home! This 4 bedroom 2.5 bath home will certainly impress you upon entrance. Over a short period of time the sellers have done some very beautiful upgrades to the home. From the detail on the kitchen flooring with the Lava Onyx Travertine in the Versailles pattern in 2018, followed by the installation of some beautiful granite in the kitchen and downstairs bathrooms, along with that comes the beautiful laminate flooring throughout the remainder of the home and notice the tile installed flooring on stairs as you go-to the second floor, a new roof was installed in 2016. In 2020 the home was painted inside in most areas, kitchen cabinets were refaced and crown on cabinets, new lighting and fans was completed. Also stainless steel appliances were replaced in 2020 and the dishwasher in 2022. Now that's some work and thst's the reason the HOME is ready for YOU, the new owner.

Investor Tools

Property Icon
$305,000
Estimated Property Value
$288,568Estimated Mortgage Balance
$16,432Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,481
$303,510
2025
$34,810
$268,700
$303,510
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,481
$303,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$305,367
Yes
First
May 31, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,568
$23,432
7%
95%
$1,831/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: Lake Jackson

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111 Driftwood Dr | Property Details | No Agent List