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$344,840

NAL Estimated Property Value

2018 Chesapeake Bay Dr, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,940 Sq Ft
price_per_sqft$161.86 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Electric Range, Disposal, Microwave
FlooringCarpet, Tile

Exterior

Lot Size6,621 sqft

Building Information

Year Built2016
Roof Type105
Garage Spaces2

Land Information

APN2051-0005-0030-000
Lot Number30
SubdivisionBay Landing
Land UseResidential
Legal DescriptionBAY LANDING UNIT 1 LT 30 BLK 5 0.152 ACRES
Census Tract010601
Assessed Land Value$94,776
Assessed Improvement Value$250,064
Assessment Year2025

About this property

Welcome home to this beautifully maintained one-story home with great curb appeal, located in the highly desirable Bay Landing subdivision in Portland, TX. Featuring 3 bedrooms, 2 bathrooms, plus a dedicated office or second living area that can easily be converted into a 4th bedroom, this home offers both flexibility and function. Step inside to discover an open-concept floor plan filled with natural light. The spacious living room features a cozy wood-burning fireplace, perfect for relaxing or entertaining. The chef’s kitchen is a true highlight, boasting custom cabinetry, granite countertops, stainless steel appliances, and ample storage space. The thoughtfully designed split floor plan ensures privacy, with the primary suite located separately from the other bedrooms. Step outside to a backyard built for entertaining—perfect for BBQs, gatherings, or peaceful outdoor relaxation. Don’t miss out—call your favorite Realtor today to schedule a private showing...

Investor Tools

Property Icon
$344,840
Estimated Property Value
$0Estimated Mortgage Balance
$344,840Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$326,139
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,069 /month
Positive
Cash Flow Estimate:
$690 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$651/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,087
$344,840
2025
$94,776
$250,064
$344,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,087
$344,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$344,840
100%
0%
$0/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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2018 Chesapeake Bay Dr | Property Details | No Agent List