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$215,000

NAL Estimated Property Value

1403 Melody Dr, La Marque, TX, 77568

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,386 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.73 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size10,093 sqft

Building Information

Year Built1961
Stories1
Roof Type105

Land Information

APN7530-0000-0029-000
Lot Number29
SubdivisionWestlawn
Land UseResidential
Legal DescriptionABST 2 S F AUSTIN SUR LOT 29 WESTLAWN
Census Tract722900
Assessed Land Value$5,770
Assessed Improvement Value$189,050
Assessment Year2025

About this property

Welcome to your gorgeous, light, and bright new home located in an adorable part of La Marque known for it's high and dry elevation. Located just a short walk to the quiet local park this 2025 remodel has so much curb appeal! The home includes a new WPI-8 roof (2025), PEX plumbing, electrical, flooring, drywall, fixtures, lighting, doors, full HVAC system, electric water heater and more! The open floor plan features a spacious kitchen with soft close shaker style cabinets, quartz counters, farmhouse sink, stylish and colorful backsplash, stainless appliances and an oversized breakfast bar that blends perfectly into the bright and airy living room complete with a wall of windows overlooking the front yard. The primary suite features a private bath, walk-in shower, and a large closet! No HOA and easy access to I-45! There's a lot to love in this charming home! Call today!

Investor Tools

Property Icon
$215,000
Estimated Property Value
$207,790Estimated Mortgage Balance
$7,210Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,485
$170,870
2025
$5,770
$189,050
$194,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,485
$170,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$209,000
No
First
Jan 12, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,790
$10,210
4%
97%
$1,254/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.

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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: La Marque

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1403 Melody Dr | Property Details | No Agent List