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$278,304

NAL Estimated Property Value

2601 S Broadway St Apt 17, La Porte, TX, 77571

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,253 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$105.42 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Electric Range, Dryer, Refrigerator, Washer, Dishwasher, Washer/Dryer
FlooringLaminate, Tile

Exterior

Exterior FeaturesBalcony, Courtyard
Lot Size2,601 sqft

Building Information

Year Built1983
Garage Spaces2

Land Information

APN1154600030003
Lot Number3
SubdivisionWoods On The Bay T/H
Land UseResidential
Legal DescriptionLT 3 BLK 3 WOODS ON THE BAY T/H SEC 1
Census Tract341700
Assessed Land Value$52,000
Assessed Improvement Value$226,304
Assessment Year2025

About this property

Do you love the water? Then come visit this delightful home in the highly desirable Bayfront gated community of PELICAN BAY. This wonderful townhome features a light & bright living room with a two story ceiling and wood burning fireplace, a flex room (office/library, exercise room, or third bedroom), formal dining room with wet bar, updated kitchen with breakfast room, multiple relaxing decks (up & down), and two large bedrooms (primary & second) upstairs each with full baths. The beautiful relaxing two level back deck is paradise. The expansive primary bedroom has french doors leading to a picturesque second level front deck overlooking the community green space. The upstairs back balcony overlooks the private back deck and provides a limited view of the bay. The community includes a gazebo near the water, pool, and community center. The location provides an easy commute to Houston, Kemah, Houston Yacht Club, Galveston, and so much more.

Investor Tools

Property Icon
$278,304
Estimated Property Value
$203,369Estimated Mortgage Balance
$74,935Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,670 /month
Positive
Cash Flow Estimate:
$557 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$129/month
$209/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$151
$278,304
2025
$52,000
$226,304
$278,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
$151
$278,304

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$213,750
No
First
Sep 27, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,369
$74,935
26%
73%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,491/mo
$-184/mo
5.6%

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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2601 S Broadway St Apt 17 | Property Details | No Agent List