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$1,057,500

NAL Estimated Property Value

1985 Lomax School Rd, La Porte, TX, 77571

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,055 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.58 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Electric Oven, Gas Oven, Microwave, Electric Range, Gas Cooktop, Gas Range, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size43,556 sqft

Building Information

Year Built2019
Stories1

Land Information

APN0231410000658
SubdivisionLa Porte Outlots
Land UseResidential
Legal DescriptionTR 440C LA PORTE OUTLOTS
Census Tract343301
Assessed Land Value$146,230
Assessed Improvement Value$911,270
Assessment Year2025

About this property

Beautiful Custom Home. Located in Lomax, the heart of La porte. This spacious home has 3055 SQFT with 4 bedrooms and 3.5 bathrooms. This home offers custom cabinets throughout home, tankless water heater, foam insulation, 3 fireplaces, 10 foot custom doors, walk in attic with storage, surround sound in living room, bathroom, and game room. This home also has everything you would expect in in an upscale modern home. This home has 1 acre of land enough for your to bring your horses. Concrete has been poured for a garage, barn or shop. Make your appointment today and make this home your own!!!

Investor Tools

Property Icon
$1,057,500
Estimated Property Value
$454,859Estimated Mortgage Balance
$602,641Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,345 /month
Positive
Cash Flow Estimate:
$2,115 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$905/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,578
$1,057,500
2025
$146,230
$911,270
$1,057,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,578
$1,057,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$500,000
No
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$454,859
$602,641
56%
43%
$2,998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,998/mo
$-772/mo
2.5%

City: La Porte

1985 Lomax School Rd | Property Details | No Agent List