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$169,900

1506 Crosby Street, Portland, TX, 78374

Under ContractInfo
Beds4 Beds
Baths1 Bath
Baths1,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.15 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesNone
Lot Size6,621 sqft

Building Information

Year Built1956
Roof Type105
Garage Spaces1

Land Information

APN0277-0002-0044-000
Lot Number44
SubdivisionFrench Village
Land UseResidential
Legal DescriptionFRENCH VILLAGE BLK 2 LOT 44
Census Tract010601
Assessed Land Value$34,848
Assessed Improvement Value$119,236
Assessment Year2025

About this property

Welcome to 1506 Crosby in the growing city of Portland, TX! This recently renovated 3-bedroom, 1-bath home offers a fresh, clean feel with functional living space and tasteful updates throughout. Inside, you’ll find updated flooring, light and bright interior paint, refreshed fixtures, and an inviting layout designed for comfortable everyday living. The spacious living area provides plenty of room to relax or entertain, while the kitchen offers great workspace, updated finishes, and a practical flow into the main areas of the home. Each bedroom offers flexibility for family, guests, or even a home office setup. The bathroom has been updated to complement the home’s overall refreshed feel, making this property move-in ready for its next owner. Natural light flows throughout, helping each space feel open and welcoming. Step outside and enjoy one of the standout features of the property, the expansive backyard. Whether you envision weekend gatherings, play space, pets, a garden, or simply room to spread out, this oversized outdoor area offers endless potential. Mature trees provide shade and character, while the lot gives you the outdoor space that can be hard to find. Located in the growing community of Portland, this home offers convenient access to local schools, shopping, dining, and an easy commute to nearby employment centers. Whether you’re a first-time buyer, looking to downsize, or searching for an investment opportunity, 1506 Crosby presents a strong combination of updates, functionality, and value. Don’t miss your chance to own a recently renovated home with charm, usable space, and a large backyard in one of the Coastal Bend’s most steadily growing areas. Schedule your showing today!

Investor Tools

Property Icon
$173,000
Estimated Property Value
$0Estimated Mortgage Balance
$62,804Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,038 /month
Positive
Cash Flow Estimate:
$346 /month

Interested in this property?

Josiah Salinas

Prime Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$347/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,301
$154,084
2025
$34,848
$119,236
$154,084
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,301
$154,084

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Building Or Construction Loan
$112,000
No
First
Jun 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$110,196
$62,804
36%
64%
$672/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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