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$218,000

$225,000

1413 Brazos Ave, La Marque, TX, 77568

$231,404 ARVInfo
On MarketInfo
Price DropInfo
Beds6 Beds
Baths4 Bath
Baths2,646 Sq Ft
price_per_sqft$82.39 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,801 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces4

Land Information

APN3968-0000-0060-000
Lot Number60
SubdivisionHighlands Sec 7
Land UseResidential
Legal DescriptionABST 150 J D MOORE SUR LOT 60 THE HIGHLANDS SEC 7
Census Tract722900
Assessed Land Value$14,340
Assessed Improvement Value$239,180
Assessment Year2025

About this property

This property offers the unique opportunity to own two separate homes on one lot, each with private access, making it an ideal addition to an investment portfolio. The front house is a 3 bed, 1.5 bath home featuring hardwood floors, central heating and air, a functional kitchen, and bathrooms. The home has been maintained as a solid rental property and is currently leased to a long-term tenant. The back house is a 3 bed, 2 bath garage apartment inlcudes several updates that have recently been completed, including a new roof with WPI-8 inspection, a new central HVAC system, and a new hot water heater installed at the end of 2025. This home is also currently leased to a long-term tenant. Both homes have been maintained in good working condition with no repairs currently needed. Rental documentation, lease information, and income history can be provided upon request. This is a strong income-producing property with immediate cash flow and long-term stability. Current rent totals $3250/mon

Investor Tools

$91,383Estimated Mortgage Balance
$142,401Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$231,403
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,403 /month
Positive
Cash Flow Estimate:
$468 /month

Interested in this property?

Tiffany Sommer

Vip Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,032
$233,784
2025
$14,340
$239,180
$253,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,032
$233,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newfirst National Bank
Commercial
$114,750
No
First
Oct 31, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$91,383
$142,401
60%
39%
$688/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: La Marque

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1413 Brazos Ave | Property Details | No Agent List