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Days24Days on Market
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$315,000

2227 Medusa Dr, Portland, TX, 78374

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,399 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.16 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Range, Microwave, Range Hood
FlooringTile

Exterior

Lot Size5,750 sqft

Building Information

Roof Type105
Garage Spaces1

Land Information

APN8660-0008-0042-000
Lot Number42
SubdivisionDavid Estates Unit 2
Land UseSingle Family Residence
Legal DescriptionDAVID ESTATES UNIT 2 BLK 8 LOT 42
Census Tract010602
Assessed Land Value$88,090
Assessed Improvement Value$171,297
Assessment Year2025

About this property

Welcome home to this beautifully maintained 2024-built DR Horton home, offering 3 bedrooms, 2 bathrooms, and a 2-car garage in a single-story brick and stone design. The open-concept layout is designed for modern living, anchored by a gourmet kitchen featuring quartz countertops, an island with seating for four, stylish pendant lighting, stainless steel appliances, and a built-in beverage/wet bar area, perfect for entertaining. Enjoy Texas evenings under the extended covered patio, complete with ample space for outdoor dining and lounging. A concrete driveway and manicured landscaping add to the home’s curb appeal. Schedule your private showing today and see everything this home has to offer!

Investor Tools

Property Icon
$259,387
Estimated Property Value
$268,776Estimated Mortgage Balance
$1,110Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Jo Ann Casas

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$201/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,113
$259,387
2025
$88,090
$171,297
$259,387
No

Tax History

Year
Tax Paid
Assessed Value
2023
$1,113
$259,387

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$268,776
Yes
First
May 15, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,277
$1,110
0%
100%
$1,612/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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2227 Medusa Dr | Property Details | No Agent List