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$242,000

217 Banyan Drive, Lake Jackson, TX, 77566

Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths1,701 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.27 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size10,672 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6814-0246-000
Lot Number9
SubdivisionOak Forest
Land UseResidential
Legal DescriptionOAK FOREST (LAKE JACKSON) BLK 8 LOT 9
Census Tract663200
Assessed Land Value$31,750
Assessed Improvement Value$231,010
Assessment Year2025

About this property

Welcome home to this inviting 4-bedroom, 2-bath brick home in the heart of Lake Jackson. Thoughtfully designed for comfort and functionality, this open floor plan welcomes you with abundant natural light and a cozy fireplace as the centerpiece of the spacious living area. High ceilings with an exposed beam and built-in, floor-to-ceiling bookshelves add character and charm. The kitchen offers plenty of storage, a convenient breakfast bar for extra seating, and a seamless flow into the dining and living spaces—perfect for everyday living or casual gatherings. Tile flooring in the main areas and bathrooms ensures easy care, while the bedrooms feature a mix of warm wood and soft carpet for added comfort. The split-bedroom layout provides privacy for the primary suite, while the fenced backyard offers a relaxing retreat with plenty of space to play, garden, or unwind. A charming and comfortable home that feels just right.

Investor Tools

$205,838Estimated Mortgage Balance
$56,922Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,577 /month
Positive
Cash Flow Estimate:
$526 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,553
$262,760
2025
$31,750
$231,010
$262,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,553
$262,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$225,834
Yes
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,838
$56,922
21%
78%
$1,354/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.

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: Lake Jackson

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217 Banyan Drive | Property Details | No Agent List