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$403,000

NAL Estimated Property Value

206 E Forest Ave, Shoreacres, TX, 77571

$463,389 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,228 Sq Ft
price_per_sqft$123.92 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringBrick, Carpet, Laminate, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space
Lot Size15,603 sqft

Building Information

Year Built1962
Garage Spaces2

Land Information

APN0580460030044
Lot Number27,28
Land UseResidential Single Family
Legal DescriptionLTS 27 & 28 BLK 3 SHOREACRES
Census Tract341700
Assessed Land Value$89,700
Assessed Improvement Value$294,223
Assessment Year2025

About this property

Welcome to 206 E Forest Avenue, nestled just feet away from the tranquil waters of Galveston Bay in a golf cart community that features a private fishing pier & boat ramp. The welcoming interior features 4 bedrooms, 2 bathrooms, 2 half-bathrooms, a private study, and an abundance of natural light. Spacious outdoor areas provide endless opportunities for relaxation and recreation. With its expansive pool and sprawling lawn, this home is the perfect spot for gatherings and sunny afternoons. Tucked away in the backyard you'll find a cozy ADU that's perfect for guests! Inside, the open layout and spacious living room is perfect for entertaining. The kitchen is a chef's dream with stainless appliances and ample counter space make cooking a breeze. Upstairs, boasts 3 massive bedrooms and a renovated bathroom. The primary retreat features a renovated en-suite bathroom and views of the bay from A private porch. Come see this perfect blend of elegance, comfort, and fun on the Texas coast today!

Investor Tools

Property Icon
$403,000
Estimated Property Value
$138,571Estimated Mortgage Balance
$264,429Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$463,389
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,418 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$405/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,842
$383,923
2025
$89,700
$294,223
$383,923
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,842
$383,923

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$170,000
No
First
Jun 30, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,571
$248,429
64%
34%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,020/mo
+$1,206/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Shoreacres

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206 E Forest Ave | Property Details | No Agent List