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$272,000

NAL Estimated Property Value

1204 2nd Street, League City, TX, 77573

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,000 Sq Ft
price_per_sqft$125 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall

Exterior

Lot Size20,617 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6220-0000-0049-000
Lot Number48
SubdivisionRussells
Land UseResidential
Legal DescriptionABST 3 S F AUSTIN SUR LOTS 49 THRU 52 & E 25 FT OF LOT 48 RUSSELLS ADDN TO LEAGUE CITY
Census Tract721301
Assessed Land Value$22,680
Assessed Improvement Value$234,540
Assessment Year2025

About this property

Perfect for Buyers or Investors! No Mud Tax! This property offers incredible potential in a hot and fast-growing area. With a unique DOUBLE LOT and separate trailer included, you have plenty of space and flexibility for future projects or expansion. A 15x25 workshop provides excellent storage or work space, and the home features a newer roof and AC. A great opportunity for anyone looking to invest or create something special in a sought-after location!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$193,434Estimated Mortgage Balance
$78,566Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,555
$257,220
2025
$22,680
$234,540
$257,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,555
$257,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$200,000
No
First
Jul 10, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,434
$78,566
28%
71%
$1,200/mo

City: League City

1204 2nd Street | Property Details | No Agent List