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$389,000

2221 Mendocino Dr, Portland, TX, 78374

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.67 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Disposal, Microwave, Range Hood
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesGarden, Landscaping
Lot Size7,275 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APN0027-7019-0002-000
Lot Number2
SubdivisionBay Ridge Subd Unit 7
Land UseResidential
Legal DescriptionBAY RIDGE SUBD UNIT 7 BLK 19 LOT 2
Census Tract010700
Assessed Land Value$71,550
Assessed Improvement Value$307,126
Assessment Year2025

About this property

Welcome to 2221 Mendocino Dr., a spacious well maintained 4-bedroom, 2.5-bath two-story brick home in the Gregory-Portland area! Offering approximately 2,348 square feet of living space, this home provides a functional floor plan with plenty of room for comfortable everyday living. The heart of the home is the spacious kitchen featuring granite counter-tops, a large center island with sink, abundant cabinetry, tiled back-splash, stainless-steel appliances, and plenty of workspace for cooking and entertaining. The kitchen opens to the living and dining areas, creating a welcoming space for gatherings. The home offers four bedrooms, including a generous primary suite, along with 2.5 bathrooms and a convenient two-car garage. The two-story design provides excellent separation between living and sleeping spaces, while the approximately 7,271-square-foot lot provides outdoor space to enjoy. Located in the Gregory-Portland area, this home offers a great combination of space, functionality, and location. Whether you’re looking for room to grow, entertain, or simply enjoy more space, 2221 Mendocino Dr. is ready for its next owner. Schedule your private showing today and come see all this home has to offer!

Investor Tools

$171,453Estimated Mortgage Balance
$210,547Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,334 /month
Positive
Cash Flow Estimate:
$778 /month

Interested in this property?

Aixa Ortiz Perez

Coldwell Banker Pacesetter Steel

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,767
$378,676
2025
$71,550
$307,126
$378,676
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,767
$378,676

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranty Federal Mortgage Llc
Conventional
$218,219
No
First
Aug 31, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,453
$210,547
55%
45%
$1,309/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: Portland

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