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$8,500

1201 N Shore Dr, PORT ISABEL, TX, 78578

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.76 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available

Exterior

Private PoolPrivate Pool
Lot Size7,819 sqft

Building Information

Year Built2017
Stories2
Roof Type114
Garage Spaces1

Land Information

APN47-0030-0000-0010-00
Lot Number1
SubdivisionThe Point At North Shore
Land UseResidential
Legal DescriptionTHE POINT AT NORTH SHORE LOT 1 (CAB 1 SLOT 1921-A CCMR)
Census Tract012304
Assessed Land Value$281,951
Assessed Improvement Value$1,261,799
Assessment Year2025

About this property

This amazing home is ready for the next executive tenant and perfect for elegantly entertaining guest. This 2 story 4 bedroom, 3.5 bathroom, and 1 car garage comes with an inground swimming pool & amazing bay views from the back patio & 2nd story bedrooms. It is beautifully situated on the intercoastal waterway facing North. The property has a dock with direct access to the bay. Walking through the front door leads to the 1st floor foyer with an office on the left. The foyer then leads to the open floor plan common area. The main dining at the end, with a large kitchen on the right and living room on the left. Large windows along the back of the house on both floors provide amazing view. The garage & 1st floor master suit on the front of the building. The upstairs has the master suit & single bedroom overlooking the Laguna Madre. The 4th bedroom & laundry room overlook the front yard. Parking includes a one car garage with three off street parking spaces.

Investor Tools

$412,277Estimated Mortgage Balance
$1,131,473Estimated Equity
73% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,263 /month
Positive
Cash Flow Estimate:
$3,088 /month

Interested in this property?

Edward Saldivar

PCI Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,511/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,408
$1,543,750
2025
$281,951
$1,261,799
$1,543,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$34,408
$1,543,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arlen Dale Phillips
Purchase Money Mortgage
$465,000
No
First
Jun 16, 2020
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,277
$1,131,473
73%
27%
$2,788/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,304/mo
$2,788/mo
$-1,484/mo
1.0%

City: PORT ISABEL

1201 N Shore Dr | Property Details | No Agent List