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$940,000

2028 Lake Landing Dr, League City, TX, 77573

$1,165,676 ARVInfo
Off MarketInfo
Beds7 Beds
Baths7 Bath
Baths7,957 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.56 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

BankruptcyAuctionPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size1.50 acres

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces3

Land Information

APN7603-2003-0013-000
Lot Number13
SubdivisionWhispering Lakes Ranch Sec 2 Phase Ii (2
Land UseResidential
Legal DescriptionWHISPERING LAKES RANCH SEC 2 PHASE II (2006) ABST 630, BLOCK 3, LOT 13, ACRES 1.502
Census Tract721211
Assessed Land Value$200,230
Assessed Improvement Value$692,270
Assessment Year2025

About this property

Standout home in Whispering Lakes Ranch with a long list of features including 7 bedrooms, 6.5 bathrooms, two master suites and en suite guest quarters. Huge kitchen with large islands and butler's pantry, multiple living areas and all on a 1.5 acre lot. Enjoy view of water feature from your expansive living room windows. Home will need roof repair, current leak and other cosmetic work. RESERVE AUCTION PROPERTY- Property sold “AS-IS” without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect before bidding

Investor Tools

Property Icon
$940,000
Estimated Property Value
$492,500Estimated Mortgage Balance
$458,396Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,165,676
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,660 /month
Positive
Cash Flow Estimate:
$1,887 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
$2,070/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,301
$892,500
2025
$200,230
$692,270
$892,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,301
$892,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$492,500
No
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$481,604
$534,396
52%
51%
$2,953/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: League City

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