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$298,000

112 S Lobit St, La Porte, TX, 77571

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,812 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.71 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$298,000
Estimated Property Value
$269,920Estimated Mortgage Balance
$12,153Estimated Equity
9% 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

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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%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: La Porte

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112 S Lobit St | Property Details | No Agent List