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$348,060

NAL Estimated Property Value

2128 Mendocino Dr, Portland, TX, 78374

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,932 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.23 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central

Exterior

Private PoolPrivate Pool
Lot Size7,971 sqft

Building Information

Year Built2006
Roof Type105
Garage Spaces2

Land Information

APN0027-5011-0015-000
Lot Number15
SubdivisionBay Ridge Subd Unit 5
Land UseResidential
Legal DescriptionBAY RIDGE SUBD UNIT 5 BLK 11 LOT 15
Census Tract010700
Assessed Land Value$60,530
Assessed Improvement Value$287,530
Assessment Year2025

About this property

Come check out this fabulous 4-bedroom, 2-bath home with a backyard oasis in the desirable, fast-growing community of Portland, TX! The highlight of this property is the expansive backyard, designed for relaxation and entertaining. Enjoy a 3-year-old saltwater pool, an oversized covered patio, plenty of space to grill or barbecue, and room for kids or pets to run and play. Inside, the home offers a spacious kitchen with stainless steel appliances, quartz countertops, a stylish backsplash, and a generously sized pantry. The split-bedroom layout ensures privacy, with a master suite that includes a soaking tub, separate shower, and walk-in closet. The three additional bedrooms are equally roomy, each featuring its own walk-in closet for plenty of storage. Additional highlights include a separate laundry room, a built-in shelf in the large living room, and an extra-wide driveway—ideal for your boat, trailer, or other recreational vehicles. Recent updates include new vinyl flooring throughout and a 2-year-old HVAC unit. This property truly has it all, inside and out. Schedule a showing with your favorite Realtor today and see everything this wonderful home has to offer!

Investor Tools

Property Icon
$348,060
Estimated Property Value
$312,255Estimated Mortgage Balance
$35,805Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,124 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,149
$348,060
2025
$60,530
$287,530
$348,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,149
$348,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$315,000
No
First
Oct 8, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,255
$35,805
10%
90%
$1,889/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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2128 Mendocino Dr | Property Details | No Agent List