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$274,685

NAL Estimated Property Value

2218 Memorial Pkwy, Portland, TX, 78374

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,865 Sq Ft
price_per_sqft$139.41 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size8,146 sqft

Building Information

Year Built1979
Roof Type105
Garage Spaces2

Land Information

APN1162-0001-0007-000
Lot Number7
SubdivisionOak Ridge Estates Unit 1
Land UseResidential
Legal DescriptionOAK RIDGE ESTATES UNIT 1 BLK 1 LOT 7
Census Tract010602
Assessed Land Value$63,492
Assessed Improvement Value$211,193
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bathroom brick home nestled in the heart of Portland, Texas! This well-maintained property offers the perfect blend of comfort, functionality, and curb appeal. Step inside to find a spacious, open-concept living area filled with natural light—ideal for both relaxing evenings and entertaining guests.

Investor Tools

Property Icon
$274,685
Estimated Property Value
$117,939Estimated Mortgage Balance
$156,746Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,648 /month
Positive
Cash Flow Estimate:
$549 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,455
$274,685
2025
$63,492
$211,193
$274,685
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,455
$274,685

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Synergy Federal Credit Union
Conventional
$135,850
No
First
Sep 26, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,939
$156,746
57%
43%
$815/mo

City: Portland

2218 Memorial Pkwy | Property Details | No Agent List