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$265,926

NAL Estimated Property Value

21506 Forest Colony Dr, Porter, TX, 77365

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,044 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$97.8 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Oven

Exterior

Lot Size6,325 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces1

Land Information

APN5088-00-11100
Lot Number15
SubdivisionForest Colony 01
Land UseResidential
Legal DescriptionFOREST COLONY 01, BLOCK 4, LOT 15
Census Tract692604
Assessed Land Value$24,000
Assessed Improvement Value$241,926
Assessment Year2025

About this property

This awesome home has been updated with new paint inside and out, new carpet in all bedrooms and the gameroom, plus a stone backsplash and painted cabinets in the spacious kitchen.The home has three bedrooms with two and a half bathrooms and is located close to 99, restaurants, shopping, making it an ideal location with plenty of room. The first floor includes two-story ceilings in the living area, a formal dining room, a laundry room with generous shelving, powder room, kitchen, and master ensuite. The second floor has a large game room that overlooks the living room. The second floor has a full bathroom and two generous secondary bedrooms. The yard is beautifully landscaped with a covered deck area in the back, as well as new privacy fencing. This is a wonderful home in a great subdivision.

Investor Tools

Property Icon
$265,926
Estimated Property Value
$157,015Estimated Mortgage Balance
$108,911Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,596 /month
Positive
Cash Flow Estimate:
$532 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$652/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,496
$265,926
2025
$24,000
$241,926
$265,926
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,496
$265,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Fha
$181,649
Yes
First
Jul 15, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,015
$114,985
42%
59%
$1,090/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: Porter

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21506 Forest Colony Dr | Property Details | No Agent List