$134,135
NAL Estimated Property Value1241 Grannis Ave, Port Arthur, TX, 77640
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$134,135
Estimated Property Value
$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
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
