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$592,000

NAL Estimated Property Value

2309 Lomax Drive, La Porte, TX, 77571

$648,629 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,525 Sq Ft
price_per_sqft$165.96 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher

Exterior

Lot Size21,837 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN0790490000002
Lot Number2
SubdivisionLomax Gardens
Land UseResidential
Legal DescriptionLT 2 LOMAX GARDENS
Census Tract343301
Assessed Land Value$140,729
Assessed Improvement Value$409,015
Assessment Year2025

About this property

Welcome to your DREAM home in the highly sought after Lomax area of La Porte, TX! Set to be completed in December 2023, the first floor will offer a spacious living and dining area opening up to the kitchen, as well as the primary bedroom, laundry room, powder bath and dedicated office space. As you head up to the second floor, you’ll be greeted by a spacious loft/gameroom area that provides access to your second story balcony. Find 4 bedrooms and 2 full baths on the second floor as well, but the BEST part about this home is the oversized back patio leading to your half acre lot. Plus, the three car garage is perfect for housing your vehicles or storing all your items in the comfort of your own home. You can NOT pass up this opportunity to own a gorgeous home on such a large piece of land. Truly the best valued home La Porte has to offer. Come see what this custom home has to offer for you and your loved ones!

Investor Tools

Property Icon
$592,000
Estimated Property Value
$419,895Estimated Mortgage Balance
$172,105Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$648,629
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,552 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,075
$549,744
2025
$140,729
$409,015
$549,744
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,075
$549,744

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$438,400
No
First
Jan 3, 2024
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,895
$172,105
29%
71%
$2,629/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: La Porte

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2309 Lomax Drive | Property Details | No Agent List