Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days26Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$2,450

205 Cedar Drive B, Portland, TX, 78374

On MarketInfo
LeaseInfo
CommercialInfo
Baths2 Bath
Baths1,250 Sq Ft
price_per_sqft$1.96 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bathrooms 2Bathrooms 2
FlooringUnfinished

Exterior

Exterior FeaturesLandscaping
Lot Size11,238 sqft

Building Information

Roof Type111

Land Information

APN0338-0000-0003-014
Lot Number14
SubdivisionGregory-Portland Independent School Trac
Land UseCommercial
Legal DescriptionGREGORY-PORTLAND INDEPENDENT SCHOOL TRACT LOT 14
Census Tract010602
Assessed Land Value$58,050
Assessed Improvement Value$416,494
Assessment Year2025

About this property

*BRAND NEW* Interior construction in Portland gives you potential for many layout possibilities. The location is in a prime center near City Hall, the Community Center, Humpal Physical Therapy, and less than a 1/4 mile from the many Hwy. 181 amenities like restaurants, shopping, Target, Walmart and so much more. The other suite of this duplex is set up as a professional insurance office, so it could easily be something like this, but with it's metal frame construction and high ceilings, it's essentially a shell now to make your own. The Owner will help build-out or finish-out the space as needed (such as walls and drop ceiling, HVAC, restroom), but the blank slate means you could add a second bathroom, many small offices, leave it as one big open space, etc. Many options here in this beautiful new building in booming Portland.

Interested in this property?

Brenton Reagan

Cass Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,037/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,077
$474,544
2025
$58,050
$416,494
$474,544
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,077
$474,544

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$474,544
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: Portland

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...