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B+
NoAgentList RatingHow are grades calculated? Info

$245,000

242 Drake Run Ln, Dickinson, TX, 77539

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,702 Sq Ft
DuplexDuplex
price_per_sqft$146.89 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range

Exterior

Lot Size3,446 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6906-0001-0020-000
Lot Number20
SubdivisionRetreat In Bay Colony (2004)
Land UseResidential
Legal DescriptionABST 19 PERRY & AUSTIN SUR LOT 20 BLK 1 RETREAT IN BAY COLONY (2004)
Census Tract720602
Assessed Land Value$24,010
Assessed Improvement Value$216,560
Assessment Year2025

About this property

Welcome to 242 Drake Run Ln. This STUNNING townhouse boast unique stained cement floors that add a touch of modern elegance. Enjoy the sleek, updated kitchen featuring stainless steal appliances and plenty of storage. Not only do you get three spacious bedrooms upstairs, you also get a bonus room, that can be used for a home office, a reading nook, and more. The possibilities are endless. Highly sought after neighborhood of the Retreat In Bay Colony, close to shopping, grocery stores and entertainment. You do NOT want to miss out on this one! Call TODAY for your private tour.

Investor Tools

Property Icon
$245,000
Estimated Property Value
$220,875Estimated Mortgage Balance
$25,082Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,356
$240,570
2025
$24,010
$216,560
$240,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,356
$240,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stockton Mortgage Corp
Unknown
$220,875
No
First
Feb 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,918
$25,082
10%
90%
$1,325/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: Dickinson

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242 Drake Run Ln | Property Details | No Agent List