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$228,000

NAL Estimated Property Value

1620 Memorial Pkwy, Portland, TX, 78374

SoldInfo
7/28/26
Beds3 Beds
Baths2 Bath
Baths1,322 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.98 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Microwave
FlooringTile, Vinyl

Exterior

Exterior FeaturesOther
Lot Size7,231 sqft

Building Information

Year Built1976
Roof Type105
Garage Spaces2

Land Information

APN0113-0006-0003-000
Lot Number3
SubdivisionCentury Terrace Unit 4
Land UseResidential
Legal DescriptionCENTURY TERRACE UNIT 4 BLK 6 LOT 3
Census Tract010601
Assessed Land Value$33,018
Assessed Improvement Value$122,808
Assessment Year2025

About this property

Discover your new home at 1620 Memorial Pkwy in Portland, TX 78374! This charming residence features three bedrooms and two bathrooms, providing a comfortable 1,322 square feet of living space. Step inside to find a high living room ceiling that enhances the open feel of the home, complemented by a gorgeous wood-burning fireplace that serves as a cozy focal point. Both bathrooms have been thoughtfully updated, showcasing tasteful fixtures throughout the home. The generous backyard space is perfect for outdoor gatherings or simply enjoying the fresh air. Situated right across the street from one of Portland’s most beloved parks (13 Acre Park is a popular recreational area known for its community-focused amenities and green space. The park serves as a hub for local activities in the area), you’ll have easy access to green spaces for recreation and relaxation. With a new roof installed in 2026, this property is move-in ready and offers peace of mind for years to come. Don’t miss the chance to make this delightful home your own!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$124,985Estimated Mortgage Balance
$103,795Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,618
$155,826
2025
$33,018
$122,808
$155,826
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,618
$155,826

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$141,550
No
First
Apr 15, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,985
$69,015
35%
55%
$849/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: Portland

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