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$248,000

NAL Estimated Property Value

1114 Canyon Springs Dr, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,634 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.06 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size7,370 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1150420160004
Lot Number4
SubdivisionCreekmont
Land UseResidential
Legal DescriptionLT 4 BLK 16 CREEKMONT SEC 2
Census Tract343302
Assessed Land Value$55,233
Assessed Improvement Value$168,847
Assessment Year2025

About this property

This is a unique property, ideal for first-time home buyers, families seeking a larger residence, or those looking to invest in real estate. Its spacious backyard is one of the largest in the neighborhood, providing plenty of room for family playtime. The exterior siding has been recently updated with durable hardy plank, while fresh paint has been applied to several rooms inside. Additionally, the property boasts attractive landscaping that enhances its curb appeal. The roof is a standout feature, having been replaced just seven years ago. With minimal traffic, the street is a safe environment for young children to play outdoors. Don't miss the opportunity to tour this property today! As of 02/08/2023, a new AC unit has been installed and new flooring is scheduled for installation within the next few days.

Investor Tools

Property Icon
$248,000
Estimated Property Value
$231,569Estimated Mortgage Balance
$16,431Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,666
$224,080
2025
$55,233
$168,847
$224,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,666
$224,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Fha
$245,471
Yes
First
Apr 27, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,569
$18,431
7%
93%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,472/mo
+$250/mo
8.3%

City: La Porte

1114 Canyon Springs Dr | Property Details | No Agent List