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$278,000

2612 Memphis Avenue, Nederland, TX, 77627

$330,215 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,436 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.06 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Private PoolPrivate Pool
Lot Size9,448 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN019100-000-000200-00000
Lot Number2
SubdivisionE. Lane
Land UseResidential
Legal DescriptionE LANE LT 2 BLK 1
Census Tract011101
Assessed Land Value$33,737
Assessed Improvement Value$227,433
Assessment Year2025

About this property

Master bedroom down, 2 bedrooms up, large living room + den with fireplace. Backyard has in-ground appx 18' x 35' gunite pool. Covered patio and privacy fence. Curb & gutter streets near C. O. Wilson Middle & Helena Park Elementary. This would make a great family home with some updates and pool is situated where there is still ample room for backyard activities. Value priced and being sold "as is".

Investor Tools

Property Icon
$278,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$330,215
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,900
$261,170
2025
$33,737
$227,433
$261,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,900
$261,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Conventional
$318,100
No
First
Nov 21, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,613
N/A
0%
111%
$1,908/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: Nederland

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2612 Memphis Avenue | Property Details | No Agent List