Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$207,000

NAL Estimated Property Value

1607 Cimmarron St, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,526 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.61 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size7,405 sqft

Building Information

Year Built1974
Roof Type105
Garage Spaces2

Land Information

APN0112-0002-0004-000
Lot Number4
SubdivisionCentury Terrace Unit 3
Land UseResidential
Legal DescriptionCENTURY TERRACE UNIT 3 BLK 2 LOT 4
Census Tract010601
Assessed Land Value$37,222
Assessed Improvement Value$147,751
Assessment Year2025

About this property

This charming Portland 3 bedroom, 2 bath home in the heart of town is a true gem. Features include: 2017 roof, 2 car garage, HVAC (approx. 4 yrs old - electric central air & gas heater), brand new fence, vinyl flooring, recent carpet, updated light fixtures throughout, freshly painted interior, granite in the bathrooms, & beautiful landscaping. Also enjoy your spacious backyard with a covered patio. There's more! 2 dining areas, fireplace, tall living room ceilings, and storm shutters on the windows. The kitchen showcases an eat-in breakfast area, stainless steel dishwasher, electric oven/range, and built in microwave. Schedule your showing today! This one won't last long.

Investor Tools

Property Icon
$207,000
Estimated Property Value
$203,181Estimated Mortgage Balance
$3,819Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,260 /month
Positive
Cash Flow Estimate:
$420 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,953
$184,973
2025
$37,222
$147,751
$184,973
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,953
$184,973

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Obsidian Financial Services Inc
Fha
$206,196
Yes
First
Jun 13, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,181
$3,819
1%
98%
$1,237/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1607 Cimmarron St | Property Details | No Agent List