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$343,777

131 Granby Pl, Portland, TX, 78374

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.2 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size10,803 sqft

Building Information

Year Built1963
Roof Type105
Garage Spaces2

Land Information

APN0201-0008-0001-000
Lot Number1
SubdivisionEast Cliff Number Three
Land UseResidential
Legal DescriptionEAST CLIFF NUMBER THREE BLK 8 LOT 1
Census Tract010604
Assessed Land Value$72,036
Assessed Improvement Value$271,741
Assessment Year2025

About this property

This East Cliff beauty is ready to be restored to glory! The gorgeous corner lot and desirable neighborhood, where shady streets and sidewalks beckon, make it feel like a return to simpler times here. You'll love the classic style of the home, with generous spaces, and plenty of bedrooms and baths for all. Downstairs, you'll find a gracious living room and a den, while the kitchen is sandwiched between a dining area for casual meals, and a formal dining room, with beautiful bay windows, that could be used as an office for modern life. You'll love the option of a primary suite on both floors..one downstairs, one up! This creates flexibility for residents with mobility issues, or multiple generational living situations. Upstairs, a trio of bedrooms provides ample sleeping space. A hall full bathroom is shared by two bedrooms, and one bedroom features an en suite restroom. Out back, your large, shady, fenced yard features a storage shed and a small trash corral behind the garage.

Investor Tools

Property Icon
$343,777
Estimated Property Value
$232,750Estimated Mortgage Balance
$114,431Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,063 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$745/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,220
$343,777
2025
$72,036
$271,741
$343,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,220
$343,777

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Loan Amount Keyed Is An Aggregate Amount
$232,750
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,346
$114,431
33%
67%
$1,396/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: Portland

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131 Granby Pl | Property Details | No Agent List