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$312,535

2240 Balboa Dr, Ingleside, TX, 78362

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,293 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.11 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available

Exterior

Lot Size6,011 sqft

Building Information

Year Built2001
Roof Type105
Garage Spaces2

Land Information

APN1305-0015-0004-000
Lot Number4
SubdivisionParkside Terrace Unit 5
Land UseResidential
Legal DescriptionPARKSIDE TERRACE UNIT 5 BLK 15 LOT 4
Census Tract010302
Assessed Land Value$30,005
Assessed Improvement Value$282,530
Assessment Year2025

About this property

Coastal Retreat Near Prime Fishing, Dining & Outdoor Fun! Welcome to your coastal escape! Ideally located near some of the best fishing spots around and just a short walk to Live Oak Park, where you can enjoy disc golf, tennis, walking trails, and more. Plus, you're minutes from great eateries, shopping, and a growing community—offering the perfect balance of relaxation and convenience. This inviting 3-bedroom, 2-bathroom home features a split-bedroom layout, creating an open, airy feel. The bright, open-concept design allows natural light to flow through the home, making every space feel warm and welcoming. The kitchen is a true delight, featuring an abundance of cabinetry, granite countertops, and a seamless connection to the dining area—perfect for hosting get-togethers. Step outside and unwind on the newer covered back porch, where you can soak in the breeze and enjoy the shade. Need extra storage? Two storage units provide plenty of room for fishing gear, outdoor equipment, and more. This home has some fresh updates, with new bathroom vanities and new bedroom flooring, giving it a clean, modern feel. Energy-efficient solar panels help reduce electricity costs—and the seller will pay them off at closing! Don’t miss this incredible opportunity to own a home that blends comfort, convenience, and sustainability in a thriving coastal community. Schedule your showing today!

Investor Tools

Property Icon
$312,535
Estimated Property Value
$50,000Estimated Mortgage Balance
$263,340Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,875 /month
Positive
Cash Flow Estimate:
$625 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$403/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,276
$312,535
2025
$30,005
$282,530
$312,535
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,276
$312,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$50,000
Yes
First
May 15, 2025
Jun 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,195
$263,340
84%
16%
$300/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.

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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: Ingleside

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2240 Balboa Dr | Property Details | No Agent List