Last 24 Hours
$457,500
2203 E Bayshore Dr, Palacios, TX, 77465
On Market
5 Beds
4 Bath
2,594 Sq Ft
Single Family Residence
$176.37 / sqft
Built in 1905Property Lead Type:
BankruptcyAbsentee OwnerHigh Equity
Highlights
Interior
Bedrooms 5
Bathrooms Full 4AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl
Exterior
Lot Size24,002 sqft
Building Information
Year Built1905
Garage Spaces3
Land Information
APN37728
Land UseResidential
Legal DescriptionFOLEY'S - COLLEGE ADD'N LTS 1-3 & PT RESERVE BLK 3
Census Tract730600
Assessed Land Value$96,970
Assessed Improvement Value$344,440
Assessment Year2025
About this property
Wonderful cottage style home with an amazing view of the bay right out your front door! Enclosed front entry could double as a sunroom and leads into a nice open area of living dining space with fireplace, galley style kitchen with breakfast area, primary bedroom with dual sinks and oversized shower, spacious second floor living space or gameroom, covered back porch and 3 car detached garage. Sold as is.
Investor Tools
$266,425Estimated Mortgage Balance
$174,985Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,745 /month
Positive
Cash Flow Estimate:
$915 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,385
$441,410
2025
$96,970
$344,440
$441,410
No
Tax History
Year
Tax Paid
Assessed Value
2025
$9,385
$441,410
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Non-Purchase Money Mortgage / Home Equity
$271,200
No
First
Jul 2, 2025
May 2048
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,425
$174,985
39%
60%
$1,626/mo
12.4%