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$264,000

NAL Estimated Property Value

1118 Demeter Dr, Portland, TX, 78374

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,668 Sq Ft
price_per_sqft$157.07 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Oven, Gas Range, Range Hood, Dryer, Washer
FlooringCarpet, Vinyl

Exterior

Lot Size5,502 sqft

Building Information

Roof Type105
Garage Spaces1

Land Information

APN8659-0003-0009-000
Lot Number9
SubdivisionDavid Estates Unit 1
Land UseSingle Family Residence
Legal DescriptionDAVID ESTATES UNIT 1 BLK 3 LOT 9
Census Tract010602
Assessed Land Value$85,745
Assessed Improvement Value$167,716
Assessment Year2025

About this property

Spacious 4 Bedroom Home with Great Outdoor Features! Welcome home to this 4 bedroom, 2 bath property with a 2-car garage and a fully fenced backyard. Enjoy an open-concept living and dining area with a breakfast bar and pantry, ideal for everyday living and entertaining. The kitchen offers gas appliances, and the refrigerator, washer, and dryer all convey with the sale. The living room couch is negotiable—perfectly selected to complement the space. This split-bedroom layout provides added privacy, with a comfortable primary suite separated from secondary bedrooms. Outside, an extended patio slab offers extra room for gatherings, plus an additional slab beside the driveway provides more parking options. All the convenience and comfort you’ve been looking for—come take a look!

Investor Tools

Property Icon
$264,000
Estimated Property Value
$209,299Estimated Mortgage Balance
$54,701Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,584 /month
Positive
Cash Flow Estimate:
$528 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$120/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$116
$253,461
2025
$85,745
$167,716
$253,461
No

Tax History

Year
Tax Paid
Assessed Value
2023
$116
$253,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texana Bank Na
Conventional
$209,600
No
First
Mar 16, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,299
$54,701
20%
79%
$1,257/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.

Explore Texas Explore This Area
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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1118 Demeter Dr | Property Details | No Agent List