$298,000
NAL Estimated Property Value112 S Lobit St, La Porte, TX, 77571
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size6,251 sqft
Building Information
Year Built2021
Garage Spaces2
Land Information
APN0061770000037
Lot Number21,22
SubdivisionBay Front To La Porte
Land UseResidential
Legal DescriptionLTS 21 & 22 BLK 87 BAY FRONT TO LA PORTE
Census Tract343602
Assessed Land Value$48,438
Assessed Improvement Value$238,754
Assessment Year2025
About this property
NEWLY CONSTRUCTED HOME IN LA PORTE THAT HAS NEVER BEEN OCCUPIED - OPEN CONCEPT LIVING/KITCHEN/BREAKFAST AREAS - GRANITE COUNTERTOPS THROUGHOUT - UPGRADED CABINETRY IN BATHS AND KITCHEN AREAS WITH SOFT CLOSING DOORS AND DRAWERS - SEPARATE TUB AND WALK IN SHOWER IN PRIMARY BATH - SPLIT BEDROOMS - ENERGY EFFICIENT HOME - GOOD ACCESS TO PORT OF HOUSTON AND SHIP CHANNEL INDUSTRIES
Investor Tools
$298,000
Estimated Property Value
$285,847Estimated Mortgage Balance
$12,153Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$309/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,214
$287,192
2025
$48,438
$238,754
$287,192
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,214
$287,192
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$269,920
Yes
First
Nov 1, 2021
Dec 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,847
$12,153
4%
96%
$1,860/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,860/mo
$-138/mo
6.9%
