$475,000
24914 Needham Road, Porter, TX, 77365
On Market
Commercial
Highlights
Interior
AppliancesDishwasher
Exterior
Lot Size2.02 acres
Building Information
Year Built1968
Stories1
Roof Type105
Garage Spaces3
Land Information
APN9430-00-00110
Lot Number2-3
SubdivisionVirginia Estates
Land UseResidential
Legal DescriptionVIRGINIA ESTATES, BLOCK 1, LOT 2, 3
Census Tract692401
Assessed Land Value$15,840
Assessed Improvement Value$163,160
Assessment Year2025
About this property
CALLING ALL INVESTORS: TWO HOMES (1552 & 1440 SQUARE FEET) AND AN APARTMENT IN BACK SITTING ON 2 PLUS ACRES. RESIDENTIAL, MULTI FAMILY OR COMMERCIAL USES. PROPERTY IS CURRENTLY LEASED ON A MONTH-TO-MONTH BASIS BY SINGLE INDIVIDUAL. FIRST HOME HAS 3 BEDROOMS AND SECOND HOME HAS 4 BEDROOMS WITH NEW AC. CLOSE TO THE HEART OF PORTER, 59/69, RESTAURANTS AND SHOPPING.
Investor Tools
$0Estimated Mortgage Balance
$470,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,273
$179,000
2025
$15,840
$163,160
$179,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$4,273
$179,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$470,000
100%
0%
$0/mo
