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$324,000

NAL Estimated Property Value

227 Falk Ave, La Porte, TX, 77571

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,866 Sq Ft
price_per_sqft$150 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Gas Range, Refrigerator
FlooringTile

Exterior

Lot Size18,400 sqft

Building Information

Year Built1963
Stories1
Garage Spaces2

Land Information

APN0610570020013
Lot Number13,14
SubdivisionBayside Terrace R/P
Land UseResidential
Legal DescriptionLTS 13 & 14 BLK 2 BAYSIDE TERRACE R/P
Census Tract341700
Assessed Land Value$101,200
Assessed Improvement Value$222,800
Assessment Year2025

About this property

Stop the car! This property is going to blow your socks off! 4 bedroom, 2 full baths, huge covered outdoor patio space with mature shade trees ready for bar-b-ques and family parties. This home is BETTER THAN NEW! Completely rebuilt in 2017 and the current owner spared no expense. $20K in solar panels keeps the electric cost extremely low. Foam insulation from top to bottom. The attic is cavernous and could be converted to a bedroom, media room, or man cave. The kitchen is dripping with designer touches including stainless steel appliances, Silestone quartz countertops, soft close cabinets and drawers and a cozy breakfast area. Faux wood porcelain floors throughout except for comfy new carpet in the bedrooms. Primary bedroom suite is massive and the primary bath is your own private spa with double vanity and double shower with rain showerheads in the ceiling. LED lighting, tankless water heater. Too many upgrades to list. Schedule your private showing today. This home won't last long!

Investor Tools

Property Icon
$324,000
Estimated Property Value
$200,138Estimated Mortgage Balance
$123,862Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$160/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$303
$324,000
2025
$101,200
$222,800
$324,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$303
$324,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$220,000
No
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,138
$123,862
38%
62%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,320/mo
+$906/mo
8.2%

City: La Porte

227 Falk Ave | Property Details | No Agent List