Last 24 Hours
$1,120,271
NAL Estimated Property Value22195 E Martin Drive, Porter, TX, 77365
Off Market
3 Beds
1 Bath
12,000 Sq Ft
Duplex
$91.67 / sqft
Built in 1973Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
Bedrooms 3
Bathrooms Full 1
Heating Forced Air Unit
CoolingExterior
Lot Size1.51 acres
Building Information
Year Built1973
Land Information
APN9260-02-02360
Lot Number14-B
SubdivisionTimberlane Acres 02
Land UseCommercial
Legal DescriptionS926002 - TIMBERLANE ACRES 02, BLOCK 2, LOT 14-B, ACRES 1.51
Census Tract692401
Assessed Land Value$131,551
Assessed Improvement Value$988,720
Assessment Year2025
About this property
100% Rented/Occupied. Very well-maintained 12 units (6 buildings) with backyards and covered patios. Each unit is 3 Bedrooms and 1.5 Baths. All units updated with new concrete driveways/parkings (2017) and less than 5 yrs roof replacements. Long-term tenants. No Maintenance or Association Fee. Fast growing area and current rents are low due to long term tenants; Market rent is about $1,000 to $1050 for this size units. Great location, near freeway, restaurants, and shops.
Investor Tools
$1,120,271
Estimated Property Value
$0Estimated Mortgage Balance
$1,120,271Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,722 /month
Positive
Cash Flow Estimate:
$2,241 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,754/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$27,449
$1,120,271
2025
$131,551
$988,720
$1,120,271
No
Tax History
Year
Tax Paid
Assessed Value
2024
$27,449
$1,120,271
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,120,271
100%
0%
$0/mo
12.4%