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A+
NoAgentList RatingHow are grades calculated? Info

$96,400

2142 Sailboat Drive, Port Lavaca, TX, 77979

$125,320 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,524 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$55.77 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyPre-ForeclosureARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2

Exterior

Lot Size14,810 sqft

Building Information

Year Built1952

Land Information

APN29284
SubdivisionBickford S/D
Land UseResidential
Legal DescriptionA0012 ALEJANDRO ESPARZA, TRACT PT 27, ACRES 0.34, BICKFORD S/D
Census Tract000100
Assessed Land Value$13,330
Assessed Improvement Value$83,070
Assessment Year2025

About this property

Bring your vision to life! This property is the ultimate blank canvas, currently stripped down to the studs and ready for a custom transformation. Originally designed to accommodate a 3 bed, 2 bath layout, this home offers a rare opportunity to bypass the "demo phase" and jump straight into the build-out. Situated on approximately .13 acres, this home offers enough space for coastal living without high maintenance and is a short walk or bike ride to the Lighthouse Beach and birdwalk!

Investor Tools

Property Icon
$96,400
Estimated Property Value
$0Estimated Mortgage Balance
$34,449Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$125,320
Rent-to-Value Ratio: 0.72%
Rent Estimate
$578 /month
Positive
Cash Flow Estimate:
$193 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,120
$96,400
2025
$13,330
$83,070
$96,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,120
$96,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frances L Jacobs Moore
Seller Carryback / Seller Financing / Seller Take-Back
$78,000
No
First
Aug 31, 2016
Apr 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,951
$34,449
35%
64%
$468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,503/mo
$468/mo
+$1,035/mo
18.7%

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.

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: Port Lavaca

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2142 Sailboat Drive | Property Details | No Agent List