Last 24 Hours
$300,000
2288 Fm 980 Rd, Riverside, TX, 77320
On Market
5 Beds
2 Bath
2,849 Sq Ft
Built in 2025Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 5
Bathrooms 2
Garage AvailableAppliancesElectric Oven, Microwave, Electric Range
Building Information
Year Built1992
Stories1
Garage Spaces3
Land Information
APN70650
SubdivisionPorter J (A-38)
Land UseResidential
Legal DescriptionPORTER J (A-38), 4.25 (MH ONLY) ON TR 4.21, LABEL# TEX0465063, SN1 12518822; TITLE # 01128251 4.25 (MH ONLY) ON TR 4.21
Census Tract790102
Assessed Improvement Value$59,390
Assessment Year2025
About this property
Versatile property with direct access to a main avenue, ideal for upscale residential use, commercial development, or a mixed-use project. Spacious 2,849 sq ft home on a flat, 3.16-acre lot offering excellent potential for expansion, ample parking, and new construction.
Investor Tools
$0Estimated Mortgage Balance
$267,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$286
$52,679
2025
N/A
$59,390
$59,390
Yes (2021)
Tax History
Year
Tax Paid
Assessed Value
2024
$286
$52,679
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$267,000
100%
0%
$0/mo
12.4%