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B+
NoAgentList RatingHow are grades calculated? Info

$1,262,413

113 Shorecliff Dr, Portland, TX, 78374

Off MarketInfo
Beds4 Beds
Baths7 Bath
Baths5,990 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.27 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 7Bathrooms Full 7
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size11,587 sqft

Building Information

Year Built1987
Roof Type104
Garage Spaces4

Land Information

APN0207-2022-0016-000
Lot Number16
SubdivisionEast Cliff No 9c
Land UseResidential
Legal DescriptionEAST CLIFF NO 9C BLK 22 LOT 16
Census Tract010604
Assessed Land Value$357,744
Assessed Improvement Value$904,669
Assessment Year2025

About this property

An exquisite waterfront home with breathtaking views, located on a sought after cul-de-sac street. Direct water access and fish on your own private dock. This prestigious, up-scale 2 story home is sure to impress. Walk into an elegant entryway with Australian crystal chandelier that opens into the Grand formal living room. High ceilings, custom built ins and stone fireplace (stone native to Texas). Chef’s kitchen boasts large working island, 2 sinks, large walk-in pantry & breakfast bar. Both casual & formal dining areas with amazing views of the water. Great for entertaining. Game room with bar & pool table. Exercise room with sauna. 4 bedroom suites, each have adjoining bathrooms. The exterior of this home offers a relaxing in-ground pool overlooking the bay, covered pergola, brick oven, large fishing pier, firepit. Storage shed located under the deck. X-Large 3 car garage. Fully fenced backyard. Gated entrance. Portland is seriously a hidden gem! This incredible water front location, lot & home are one-of-a-kind must see.

Investor Tools

Property Icon
$1,262,413
Estimated Property Value
$375,000Estimated Mortgage Balance
$518,949Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,574 /month
Positive
Cash Flow Estimate:
$2,525 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,725/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,386
$1,262,413
2025
$357,744
$904,669
$1,262,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,386
$1,262,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
University Fcu
Conventional
$375,000
No
First
Oct 17, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$743,464
$518,949
41%
59%
$4,498/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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113 Shorecliff Dr | Property Details | No Agent List