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$389,000

NAL Estimated Property Value

12880 Jean Lafitte Dr, Freeport, TX, 77541

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350.96 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven, Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringBamboo, Carpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size5,950 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces1

Land Information

APN8047-0015-001
Lot Number3
SubdivisionTreasure Island No 3
Land UseResidential
Legal DescriptionTREASURE ISLAND NO 3 (A0029 S F AUSTIN) BLK 1 LOT 3
Census Tract664200
Assessed Land Value$81,820
Assessed Improvement Value$235,650
Assessment Year2025

About this property

Investor Dream Property! This beachside cottage is so peaceful and serene, but added bonus of two additional premium lots. WOW!! Home features an open concept living/dining/kitchen area. Both bedrooms have en-suite bathrooms. Home features a large wrap around deck that gives you ample opportunity to take in the beach and bay views surrounding you. With this home you have options - purchase and have a large yard to entertain and enjoy the outdoors, or you could purchase this home and have the space to potentially build up to two additional homes. Either way is a win with this home. Call today to schedule your appointment!

Investor Tools

Property Icon
$389,000
Estimated Property Value
$414,561Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,696
$317,470
2025
$81,820
$235,650
$317,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,696
$317,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Va
$417,589
Yes
First
Dec 20, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$414,561
N/A
0%
107%
$2,504/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: Freeport

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12880 Jean Lafitte Dr | Property Details | No Agent List