Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$108,360

1241 Grannis Ave, Port Arthur, TX, 77640

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,351 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$80.21 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Lot Size6,251 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN037600-000-000300-00000
Lot Number7,8
SubdivisionLincoln Park To Port Arthur
Land UseResidential
Legal DescriptionLINCOLN PARK N 25' OF LT 7 & S 25' OF LT 8 & S 25' OF LT 8
Census Tract005100
Assessed Land Value$4,063
Assessed Improvement Value$130,072
Assessment Year2025

About this property

Charming 3-bedroom, 2-bath home offering over 1,300 square feet of living space, situated on a 50x125 lot. This property features a 2-car attached garage and a functional layout with great potential for homeowners or investors alike. With spacious living areas and a practical floor plan, this home provides a solid foundation to make your own. Property is sold as-is; seller will not make any repairs. For additional information, please visit www.hudhomestore.gov Case #512-449306.

Investor Tools

$120,125Estimated Mortgage Balance
$14,476Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$805 /month
Positive
Cash Flow Estimate:
$268 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,066
$134,135
2025
$4,063
$130,072
$134,135
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,066
$134,135

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$132,554
Yes
First
Jul 23, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,125
$14,010
10%
90%
$795/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Port Arthur

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1241 Grannis Ave | Property Details | No Agent List