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$269,502

NAL Estimated Property Value

22588 E Martin Drive, Porter, TX, 77365

$273,734 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,288 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.6 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size1.12 acres

Building Information

Year Built1962
Stories2
Roof Type105
Garage Spaces4

Land Information

APN9260-03-01700
Lot Number17-A
SubdivisionTimberlane Acres 03
Land UseResidential
Legal DescriptionS926003 - TIMBERLANE ACRES 03, BLOCK 3, LOT 17-A
Census Tract692401
Assessed Land Value$31,360
Assessed Improvement Value$238,142
Assessment Year2025

About this property

Spacious four bedroom home with study, could be 5th bedroom. Master on first floor, two living areas, large kitchen opens to family room with wood burning fireplace, lots of storage, new roof 2019, new electrical panel 2021, central air, electric range, dishwasher, garage door opener. Refrigerator and microwave included in sale. Unrestricted location, close to I-59 and Grand Parkway. Can be residential or commercial. Home is in need of repairs. Cash sale only.

Investor Tools

Property Icon
$269,502
Estimated Property Value
$113,060Estimated Mortgage Balance
$156,442Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$273,733
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,617 /month
Positive
Cash Flow Estimate:
$539 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$817/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,458
$269,502
2025
$31,360
$238,142
$269,502
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,458
$269,502

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ernesto Lopez Etal
Purchase Money Mortgage
$125,000
No
First
May 27, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,060
$156,442
58%
42%
$750/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: Porter

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22588 E Martin Drive | Property Details | No Agent List