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$400,000

NAL Estimated Property Value

226 W HOUSTON ST 206, PORT ISABEL, TX, 78578

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,438 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$250 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available

Exterior

Lot Size2,178 sqft

Building Information

Year Built1984
Stories1
Roof Type114
Garage Spaces3

Land Information

APN47-9000-0000-0214-00
Lot Number1,LOT2
SubdivisionThe Moorings Condominiums
Land UseReal Property Single Family - Condo
Legal DescriptionPORT ISABEL- THE MOORINGS CONDOS UNIT 214 BLDG B LOT 1 & E40' LOT 2 BLK 123 & UNSUB TRACT D, 1.0130 ACRES, 5.263% INT IN COM
Census Tract012304
Assessed Land Value$86,171
Assessed Improvement Value$261,645
Assessment Year2025

About this property

REDUCED AGAIN!! So many great things about this home The location is desirable, right across the street from a park, walk to shopping and restaurants and right on the water! Your own deeded boat slip with a lift, captains quarters, a garage and you haven't even been inside yet! The spacious living room is bay front with a large balcony. If your guests are having too much fun and you would like some peace and quiet you can either relax in the hot tub or sit on one of the other 3 balconies overlooking the water or the town. Bedrooms are spacious each with a view. Loft area can be used however you like. You can move right in as all furnishings are included and you have peace of mind with hurricane rated doors and windows. Just bring your clothes and make sure you have your bathing suit!

Investor Tools

Property Icon
$400,000
Estimated Property Value
$0Estimated Mortgage Balance
$400,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,835
$269,729
2025
$86,171
$261,645
$347,816
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,835
$269,729

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$400,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$893/mo
N/A
+$893/mo
2.7%

City: PORT ISABEL

226 W HOUSTON ST 206 | Property Details | No Agent List