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$320,000

NAL Estimated Property Value

18867 Iris Ln, Porter, TX, 77365

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,231 Sq Ft
price_per_sqft$118.78 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Gas Oven
FlooringCarpet, Tile

Exterior

Lot Size17,215 sqft

Building Information

Year Built2018
Stories2
Roof Type105
Garage Spaces1

Land Information

APN9063-01-28600
Lot Number286
SubdivisionSummer Hills 01
Land UseResidential
Legal DescriptionS906301 - SUMMER HILLS 01, LOT 286
Census Tract692302
Assessed Land Value$54,942
Assessed Improvement Value$213,294
Assessment Year2025

About this property

Spectacular 1 1/2 story newly constructed home. Move in ready!!! This beautiful home showcases a stunning kitchen with stainless steel appliances, custom made wood cabinetry through out the whole house, tiled flooring in all living areas, crown molding, vaulted ceilings and much more. Conveniently located near great dining, shopping and entertainment. Easy access to FM 1314, Easter Freeway (Hwy 69) & Texas 99 The Grand Parkway. Builder will include the backyard fence with a full price offer. Adjacent lot is also available for sale & measures approximately 17,924 sq. ft. Buyer to independently verify all measurements listed on MLS. Call and schedule your tour today.

Investor Tools

Property Icon
$320,000
Estimated Property Value
$237,579Estimated Mortgage Balance
$82,421Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,233
$268,236
2025
$54,942
$213,294
$268,236
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,233
$268,236

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$260,200
Yes
First
Jan 10, 2020
Feb 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,579
$73,421
23%
74%
$1,625/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: Porter

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